Baku, Azerbaijan, Apr. 17
By Azad Hasanli – Trend:
Azerbaijan’s State Committee on Property Issues invited 500 foreign companies, investment banks and pension funds to participate in the process of privatization of state properties in the country, said head of the Committee Karam Hasanov.
He was addressing an expanded meeting dedicated to the results of the first quarter of 2017 and future tasks.
In total, almost 250 state properties, including small enterprises, joint stock companies, vehicles, as well as 63 non-residential areas and plots of land, were privatized in the first quarter of 2017, according to Hasanov.
He noted that it is necessary to speed up the work to attract investors to privatization of state properties in the regions, which have potential and can contribute to Azerbaijan’s socio-economic development.
Hasanov also reminded that the Committee launched a special website dedicated to privatization. Nearly 200,000 people used its services in January-March 2017, according to him.