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Azerbaijan holds regular auction on public property privatization

Economy Materials 17 August 2022 14:25 (UTC +04:00)
Azerbaijan holds regular auction on public property privatization
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, August 17. The State Committee on Property Issues under the Ministry of Economy of Azerbaijan held a regular auction for public property privatization on August 16, with Trend reports citing the Ministry of Economy.

According to the ministry, 76 applications were accepted for 17 privatized vehicles of various brands and purposes, 11 applications were implemented electronically.

As at previous auctions, the sale of vehicles was of great interest.The offer for one of the cars exceeded the starting price by 3.05 times. A Nefaz car with a starting price of 1,000 manat ($588) was purchased for 3,050 manat ($1,749)

The next auctions for the privatization of government property will be held on August 23 and 30.

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