The State Committee for Property Affairs of Azerbaijan held on October 25 another auction for the privatization of state objects. Sold from the auction were 3 joint stock companies, 16 state-owned enterprises and small objects, 3 unused non-residential premises, and 9 vehicles. This was reported by the press service of the State Committee.
Six of the sold small state enterprises and objects are located in Baku, 2 in Sumgait, 3 in Shamkir, 2 in Goranboy, 1 in Khachmaz, and 2 in Ganja. Nine of these are commercial facilities, catering and others services.
Three privatized unused non-residential facilities are located in Baku.
Recall that the next auction will be held on 1 November, and 101 state objects will be exhibited for sale. – 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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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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