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Azerbaijan to hold new privatization auctions

Economy Materials 5 April 2022 10:44
Azerbaijan to hold new privatization auctions
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, April 5. The State Service on Property Issues under the Azerbaijani Ministry of Economy will hold privatization auctions on April 19, 21 and 26, 2022, Trend reports via the ministry.

According to the ministry, 20 vehicles, 16 small state-owned enterprises, facilities, and two unfinished buildings will be put up for auction on April 19, as well as 32 and 23 vehicles - on April 21 and 26, respectively.

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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