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Azerbaijan Investment Company purchasing shares

Azerbaijan Materials 4 July 2020 16:46 (UTC +04:00)
Azerbaijan Investment Company purchasing shares

BAKU, Azerbaijan, July 4

By Fidan Babayeva – Trend:

Azerbaijan Investment Company OJSC is purchasing shares based on defining their market value through the assessment survey, the Azerbaijani Economy Ministry told Trend.

Companies willing to participate in the request for proposals should submit documents until 17:00 (GMT+4) on July 9.

Companies meeting international standards and advanced experience can contact the company: (+994 12) 488 80 10.

Azerbaijan Investment Company OJSC was established by the decree of Azerbaijan’s president dated March 30, 2006 ‘on additional measures to stimulate investment activity’. The company’s registered capital is 224 million manat ($131.7). The main goal of the company is to develop the non-oil sector of the economy in Azerbaijan by attracting local and foreign investors to existing and new commercial enterprises.

(1 USD = 1.7 manat on July 4)

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