Baker & McKenzie Provides Legal Support to New High Tech Park

04 Sep, 2014

Baker & McKenzie successfully advised HT Park LLC (a new technology park under the Ministry of Communications and High Technologies of the Republic of Azerbaijan) on the legal aspects of the tender documentation for the High Tech Park to be built on Pirallahi Island, Absheron Peninsula, Azerbaijan.

Baker & McKenzie worked on the tender documentation for the selection of an international technical consultant, and prepared and negotiated the technical consultancy services agreement. It also worked together with the selected consultant to prepare tender and contractual documentation for the selection of an international designer.

“We are grateful to Baker & McKenzie for the value and expertise they bring to our project,” says Seymur Aghayev, director of HT Park LLC.

Baker & McKenzie’s Baku office team was led by Kamil Valiyev with support from senior associate Simuzar Feyzullayeva and junior associate Turkan Yusibova.

High Tech Park Azerbaijan is the cornerstone project in Azerbaijan’s planned high-tech economic development. Its mission is to foster a high-tech economy in Azerbaijan by providing a business-friendly environment composed of state-of-the-art facilities, economic incentives, and business services. The aim is to achieve this by being a change agent in the ecosystem – making policy recommendations that support the high-tech sector, holding a series of events to become the hub of high-tech knowledge activities in the region, and by partnering renowned international institutions that share this vision.

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