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Azerbaijan to put 79 state properties for privatization

Business Materials 23 January 2017 12:36 (UTC +04:00)
The State Property Issues Committee of Azerbaijan will hold the next auction on state property privatization on Feb. 21, 2017
Azerbaijan to put 79 state properties for privatization

Baku, Azerbaijan, Jan. 23

By Maksim Tsurkov – Trend:

The State Property Issues Committee of Azerbaijan will hold the next auction on state property privatization on Feb. 21, 2017, the committee said in a message Jan. 23.

The auction will take place in the Auctions Center of the State Property Issues Committee of Azerbaijan.

Seventy-nine state properties (22 joint stock companies, 19 small enterprises and facilities, 35 unused non-residential areas and three vehicles) - will be put up for the auction.

The small enterprises to be put up for the auction are located in the Samukh, Beylagan, Goranboy, Barda districts, the city of Siyazan, as well as Sabunchu and Garadagh districts of Baku, Azerbaijan’s capital.

The main part of unused non-residential areas is located in Baku. The non-residential area located in the Yasamal district of Baku is the most expensive among them. This area’s starting price is 520,000 Azerbaijani manats.

The activity of the joint stock companies to be put up for privatization covers the areas of construction, industry, agriculture, transport and others.

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