One Company per 10,000 Apartments

JSC Construction and Investment Industrial Corporation Accord founded a company, which will deal with the exploitation of residential buildings built in Baku and Absheron.

Property Investments Ltd. told Turan the corporation Accord has built 9 residential complexes, where there are 10 thousand apartments. The main objectives of the company are regional planning and maintaining normal public services.

It is noteworthy that the authorized capital of Property Investments Ltd is 70 million AZN. It is solid capital on the scale of Azerbaijan. Moreover, this amount is only 4.1 million manat inferior to the authorized capital of the parent company. ---08B

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