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Over 40,000 State Enterprises Privatized in Azerbaijan

Business Materials 22 April 2008 18:38 (UTC +04:00)

Azerbaijan, Baku, 22 April / Trend / The State Committee on Property Management of Azerbaijan has privatized about 350 small state-owned businesses during the period between Jan and March 2008, the Committee said on 22 April.

A total of 41,000 state enterprises have been privatized, since the Presidential decree of 23 August 2006 on Privatization State-owned Health, Education, Sport and Cultural Enterprises.

Some 175 state-owned land plots have been privatized in the first quarter of 2008.

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