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Ernst &Young and CA IB to Estimate State Share in Statutory Capital of JVs of Communications Ministry for Their Privatization

Politics Materials 9 February 2007 13:42 (UTC +04:00)
Ernst &Young and CA IB to Estimate State Share in Statutory Capital of JVs of Communications Ministry for Their Privatization

The State Committee on Public Property Management closed a tender on selection of a consultant for estimation of the state share in the statutory capital of joint ventures of the Azerbaijani Ministry of Communications and Information Technologies for their privatization. Karam Hasanov, Head of the State Committee, stated to a news conference on 9 February Ernst Young Рё CA IB won the tender, Trend reports.

The first part of consultations envisages inventory of enterprises and appraisal on international norms and standards, development of frame proposals on privatization, while the second part envisages attraction of investors, development of an information memorandum and development of privatization documents.

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