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Azerbaijan to hold auctions on privatization of state property objects

Economy Materials 6 July 2022 17:29 (UTC +04:00)
Azerbaijan to hold auctions on privatization of state property objects
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, July 6. The State Service on Property Issues under the Azerbaijani Ministry of Economy will hold a regular auction for the privatization of state-owned property on July 19 and July 21, Trend reports citing the ministry.

According to the ministry, 39 vehicles, 16 small state-owned enterprises and one unfinished facility will be auctioned on July 19, and three helicopters on July 21.

Applicants can register as auction participants by selecting the appropriate auction service on the Electronic Services Portal and paying 10 percent of the initial auction price of the object.

Those interested can also participate in the auction online.

Those interested in the process can observe the auction without registration by visiting the Property Services Space and selecting the "Electronic Auction" section on the day of the auction.

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