Baku, Azerbaijan, Nov. 29
By Anvar Mammadov – Trend:
More than 1.1 billion manats have been transferred to the Azerbaijani state budget until today as a result of privatization of state property, Karam Hasanov, chairman of the State Property Issues Committee, said at an international conference, titled “Real Estate, Privatization and Investments” in Baku on Nov. 29.
Entrepreneurs from such countries as the US, UK, France, Switzerland, Turkey, Germany, Russia, China, Finland and Israel took part in the privatization of state property, said Hasanov.
He noted that the Committee has held 60 auctions since early 2017, during which more than 1,400 state enterprises were privatized, and it is planned to start privatization of big facilities in the future.
“We are very interested in attracting foreign investors to the privatization of big state facilities. Today, there are ample opportunities for development of cooperation in the field of privatization of engineering facilities, including oil, metallurgy, light industry, sports, tourism and other sectors,” said the committee head.
“Inviting foreign investors, we are ready to declare that we will provide full support for your activities in the country,” added Hasanov.
Earlier, Hasanov said that the State Property Issues Committee intends to transfer more than 100 million manats (obtained from the privatization of state-owned enterprises) to the state budget.