State property units to be put up for privatization in Azerbaijan (UPDATE)
Details added (first version posted at 10:20)
Baku, Azerbaijan, Oct. 3
By Azad Hasanli - Trend:
Some 101 state property units will be put up for privatization as part of an auction to be held by the Azerbaijani State Committee on Property Issues November 1, the committee said in a message Oct. 3.
According to the message, the government's share in 23 state facilities is 30-45 percent. Those facilities are located in Baku, Mingachevir, Neftchala, Astara, Absheron, Yevlakh, Khachmaz, Kurdamir and other districts of the country.
The enterprises put up for privatization are operating in the fields of agricultural chemistry, construction and repair, transport, poultry farming, services, industry, processing and other fields, the message said.
According to the message, some 62 small state enterprises and facilities will be put up for privatization. Among them are non-residential areas, commercial enterprises, public catering enterprises, located in Baku, Shaki, Agsu, Hajigabul, Salyan, Balakan, Ismayilli and other districts.
Some 16 vehicles will be also put up for privatization, the message said.
The procedure will take place at the auction center of the Azerbaijani State Committee on Property Issues.
Additional information is available at http://www.privatization.az/index.php/en/
The official exchange rate for Oct. 3 is 1.6170 AZN/USD.