The Azerbaijan National Academy of Sciences’ High Technologies Park (YTP) has initiated a new stage of cooperation with the Azexport portal to promote and export its products internationally.
Key points of the collaboration:
-
Focus Products:
-
Lubricants and motor oils (under Millers Oils and TSZ brands)
-
Multi-purpose drones for industrial and commercial applications
-
-
Quality Assurance:
-
YTP products undergo in-house laboratory testing to ensure high quality.
-
The quality levels are competitive with leading global brands, supporting strong export potential.
-
-
Market Potential:
-
Azexport analysis suggests that with an effective marketing strategy, Azerbaijan could export up to 500 million USD annually in various types of motor and lubricating oils.
-
Drones, with a global annual market growth of 15–20%, will also be marketed and sold through Azexport and international e-commerce platforms.
-
-
Implementation Steps:
-
YTP products will be listed on the Azexport portal.
-
Drones will undergo test deliveries within Azerbaijan via Azexport to optimize logistics before international sales.
-
Marketing and sales strategies for both oils and drones will be developed for global markets.
-
-
YTP Overview:
-
Established by President İlham Əliyev on November 8, 2016.
-
Currently hosts 7 resident companies:
-
AMEA Təcrübə-Sənaye Zavodu MMC
-
Millers Oils Azerbaijan MMC
-
Elm və Texnologiya Parkı MMC
-
AGRO Bio Eco Tech MMC
-
EPC Group MMC
-
DN TECHNOLOGIES MMC
-
Alqoritmika MMC
-
-
3 companies have already started production; the rest are completing setup.
-
Strategic significance:
This collaboration strengthens the “Made in Azerbaijan” brand in international markets and provides a framework for scaling innovative products like industrial drones and high-quality lubricants globally.