State Committee of Land and Cartography will hold on June 17 a monthly land auction in cities and regions of the country. Put the land up for sale municipalities located in more than 30 cities and regions of the country.
Sale and lease are subject to 313 municipal holdings. Only in Absheron region 11 municipalities put up for tender 139 plots of land, including 20 for the construction of commercial and business facilities and agricultural needs. On average, weaving land costs 250 manats.
At the appointed 19th June land auction exhibited areas of land for the construction of individual houses (188) Business Objects (93), as well as agricultural purposes (32). Rentals are provided 22 plots of land. By auction offers 38 land areas. The remaining areas are offered by the competition, during which applicants are in the price envelopes.
Land auctions that started in April 2010, a formal nature. There is no competition in bidding, land sold at a starting cost of a single applicant. Only in 2012 it was sold by and leased 2,092 municipal lands. - 08B-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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