Azerbaijan, Baku, 17 January /corr. Trend I.Khalilova / In 2007 the State Committee on Management of State Property privatized the shares of 13 joint-stock companies, established by State enterprises, via investment bids. The Chairman of the State Committee, Kerem Hasanov, said that according to the present investment program, the investors are assumed to allocate $13.1mln in the impending years.
Last year, $60mln was invested in the enterprises privatized via investment competitions and more than 2,000 new workplaces have been opened. Some $75mln has been allocated as a result of implementation of investment obligations. Some 75.3% of the investments allocated for the privatization of the enterprises, 75.2% falls on the share of the foreign capital, Hasanov said.
Property rights have been delegated to winners of the bid in six enterprises as a result of implementation of the contract and investment obligations in the reported period.