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Baku Telegraph put for investment competition

Business Materials 28 March 2006 15:20 (UTC +04:00)

The State Property Management Committee (SPMC) put the shares of Baku Telegraph JSC for investment competition. Assessment of bids will start from 26 April, while deadline for representation of bids is 14 April, SPMC told Trend.

In their investment programs, investors are due to put forward bids on organization of communication services up to international standards, use of modern technologies, opening of new jobs and restoration of old ones.

Investors are also due to present bids on transfer of at least 12bn manats or 2.4m AZN to the public budget, as well as 40,000 vouchers.

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