The Cabinet as a body procuring land in the Khatai district of Baku has determined the service of mobilization and conscription for military service. It is about 0,656 hectares of land owned by the Azerbaijan development company ADEC.
The order of the Government of 10 June, №220 noted that on this plot of land an object of defense and security will be built.
ADEC LLC (TIN 1501012941) was established in 2007. The authorized capital is 1 million manats.
Recall that the decree on the design of a residential campus Baku White City (221 hectares) on the site of the former so-called Black City array was given in the name of the company ADEC. This company is directly or indirectly owned by Anar Alizadeh, one of the partners of SOCAR. ----08D
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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