Government Offers Entrepreneurs Rental Premises

The State Committee for Property Affairs (SCPA) of Azerbaijan has announced holding of tenders for the lease of eight buildings in Baku and regions of the country to businesses.

Earlier SCPA planned to bring these objects for rent to budding young entrepreneurs at an affordable price. But for some unknown reasons, the authorities’ plans changed.

The premises are located in the transparent public project institute Azerarhitektorproekt, Technical University, Statistics Department of the Salyan district and the Training Center of the Ministry of Taxes in the Shamakhi region. These rooms ranging from 31 to 75 square meters are suitable for use in the office, providing a variety of services. The starting price for 1 sq. m, depending on the location varies from 0.50 to 3.30 manat.

SCPA rarely holds competitions for the lease of state property. A lease for land is at all kept confidential.   ----08D

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