This year 70 million AZN has been invested into the state enterprises privatized through the investment competitons. There are about 300 new jobs at the enterprises, Kerem Hasanov, chairman of the State Property Committee, said at the session of the Committee.
Only one competition for investments into the Metallurgic sport complex in Ganja city was successful this year. Two winners of such competitions have got certificates of property for the privatized property.
Since early year approximately 350 objects, including auto transportation means, have been sold through “small” privatization. About 250 land plots were privatized. 229 land plots under privatized objects have been granted on lease. Shares of about 20 joint stock companies have been sold at the specialized monetary auctions. The information about transfer of money from privatization to the state budget is unavailable.—0---
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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