The State Committee for Property Affairs of Azerbaijan is preparing for the privatization of additional 70 sites.
There is a competition for their evaluation.
Since early September SCPA announced to hold several auctions, which will exhibit no less than 100 small enterprises and facilities.
SCPA notes the privatization is carried out in an electronic format. Exposed to privatization are the enterprises, which are to be privatized by the SCPA decision.
Today in Baku and other cities and regions of the country auctions are held to sell real estate, motor vehicles, as well as shares of privatized JSCs.
On 25 September SCPA announced an auction for the sale of 28 small enterprises (objects of trade, catering services, and warehouses), 8 non-residential premises located in Baku, Sumgait and other cities and regions, as well as 22 vehicles.
The starting value of the property corresponds to its market value, SCPA noted. For example, the total area of 8 non-residential premises in Baku offered to investors on 25 October is 371 square meters. SCPA expects not less than 181,900 AZN from their sale. -----08D
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review