The Cabinet of Ministers and the State Committee for Property Affairs decided on the list (https://goo.gl/Y6yQ9Y) of enterprises to be privatized in the medium term. The list has 2,859 enterprises and objects.
The government plans to pass into private hands recreation clubs, cinemas, many departmental hospitals and clinics, recreation centers, hotels, sports facilities, farms, and industrial enterprises.
Subject to privatization are Azeraluminium, factories of Azneftkimyamas, Ganja Automobile Plant, Baku Car Repair Plant, hatcheries, the building of the Baku Maritime Station, the Baku Horserace Stadium, the Sumgait Central Stadium, etc.
Only 51 enterprises will be privatized through corporatization. The remaining businesses will be sold as a small enterprise. 63 companies will be offered for investment contest. The underground car parks at the Winter Boulevard and Azadlig Square will be transferred to control. -----08B
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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