Sumgayit Technologies Park (Azerbaijani: Sumqayıt Texnologiyalar Parkı, STP) launched in 2009, is the first Technology Park of its kind in Azerbaijan and the South Caucasus region. The park is located in Hacı Zeynalabdin settlement, north of Sumgait city. Currently, STP occupies about 250 hectares (2,500,000 m2) of land and it is planned to expand further. STP was launched by the President of Azerbaijan, Ilham Aliyev on 22 December 2009. It was the first technology park to operate under market conditions in Azerbaijan. More information...
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