19 state properties privatized in Azerbaijan
Baku, Azerbaijan, Nov. 1
By Maksim Tsurkov – Trend:
In the course of the auction held by Azerbaijan’s State Committee on Property Issues Nov. 1, 19 state property units have been sold as part of a new privatization program, the committee said Nov. 1.
One lot put for privatization is a joint-stock company, 17 are state enterprises and properties and the remaining one is a vehicle.
Five units out of 17 state-owned enterprises are located in Baku, while the rest are in other cities and regions of the country.
The next auction, which is to be held Nov. 8, will see 77 state-owned properties put up for privatization.
The third stage of privatization started as part of Azerbaijani President Ilham Aliyev’s decree on additional measures to improve the state property privatization process dated May 19, 2016, as well as the president’s decree on some measures to improve the management efficiency and speed up the state property privatization process dated July 19, 2016.
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