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Azerbaijan to put up state property for new privatization auctions

Economy Materials 3 March 2022 10:37
Azerbaijan to put up state property for new privatization auctions

BAKU, Azerbaijan, Mar. 3

Trend:

The State Committee on Property Issues under the Azerbaijani Ministry of Economy will hold privatization auctions on April 5-7, 2022, Trend reports via the ministry.

According to the ministry, 13 vehicles, nine small state-owned enterprises, facilities, and one unfinished building will be put up for auction on April 5, and 13 vehicles - on April 7.

All those wishing to partake in the auction on the official website of the committee (emlak.gov.az) or on the privatization portal (privatization.az) must, after registering, pay a deposit of 10 percent of the initial auction price of the state property.

Interested participants can also observe the auction online.

On the day of the auction, bidding can be joined by selecting the section ‘Electronic auction’ on the e-services portal (e-emdk.gov.az).

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