16 April 2018, 16:55

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:

  1. Focus Products:

    • Lubricants and motor oils (under Millers Oils and TSZ brands)

    • Multi-purpose drones for industrial and commercial applications

  2. 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.

  3. 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.

  4. 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.

  5. 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.


Center for Analysis of Economic Reforms and Communication
www.ereforms.gov.az