The Ministry of Taxes has signed an agreement with the Turkish construction company Tekfen Inshaat for the construction of its new head office.
According to Tekfen Inshaat, the contract worth 150 million AZN provides reinforced concrete works, installation of steel structures and external cladding of the building.
The height of the 33-storey building will be 169 meters, the enclosed area will be 44,200 square meters, and the open area will be 30,000 sq. m.
Tekfen has been operating in Azerbaijan since the 1990s. Its latest creations were SOCAR Tower and the Olympic Stadium located on Heydar Aliyev Avenue in Baku. -0--
Economics
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The State Oil Company of Azerbaijan (SOCAR) and Italy's Eni S.p.A. have signed a Memorandum of Understanding (MoU) focused on energy transition. Azerbaijani Economy Minister Mikail Jabbarov announced the agreement on his account on the social network "X".
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Azerbaijani Economy Minister Mikail Jabbarov met on July 29 with Ali Kibar, Chairman of Turkish conglomerate Kibar Holding, to discuss strengthening bilateral cooperation, boosting investment in industrial production, and supporting partnerships in the energy sector.
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The Cabinet of Ministers of the Republic of Azerbaijan has approved the application form specified in Article 30.1 of the Competition Code. This decision aims to align with the President’s decree No. 1051-VIQ dated December 2, 2023, and address regulatory requirements related to the implementation of the Competition Code.
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Azerbaijani President Ilham Aliyev has issued a decree amending the Land Code of the Republic of Azerbaijan, effective January 2025. The legislative adjustments aim to refine the management and use of agricultural land and enhance regulatory processes.
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