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Sovereign Wealth Funds Briefing - Categorized | Market

ICT Ministry, SOFAZ postpone financing of Fiber to Home project

Posted on 19 February 2015

Ministry of Communications and High-Tech and the State Oil Fund of Azerbaijan (SOFAZ) postponed the financing of Fiber to Home project (”Optics in house”), providing for maintenance of broadband Internet throughout the country.
As part of the Caspian-European Club (CEIBC) meeting which was held in Baku, the Minister of Communications and High Technologies Ali Abbasov told reporters that the funding for the project by the SOFAR is postponed for the period after 2016, 1news.az reports. At the same time, he noted that new sources of funding for the project are found………………………………………..Full Article: Source


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