Transformation of Ownership in 9 Months
Within the first nine months of this year, the State Committee on Property (SCP) sold through auctions and direct contracts more than 580 plants and facilities.
As reported today the sector of public relations of SCP, this was stated at the meeting on the progress of privatization of state property in the first 9 months of this year. Currently, the emphasis is on sale of public lands under privatized entities. Since the beginning of this year about 450 such allotments have been privatized. In addition, another 310 land areas were rented by owners of the property over them.
"Small" and "medium" privatization in Azerbaijan is almost nearing completion. For the first nine months of this year were sold stakes in another 28 JSC. According to the report by SCP, the state has a stake in 164 JSC. In the possession of SCP there are 55 enterprises waiting for their turn.
In the years 1996-2013 were privatized 43,965 small enterprises and facilities, including vehicles (13,357 units).
In the Nakhchivan Autonomous Republic since 2003, privatization has been carried out at its own discretion, without regard to the "center." --08D--
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- Politics
- 30 October 2014 14:23
Economics
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The Green Climate Fund (GCF), an operating entity of the financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) and the body responsible for implementing the Paris Agreement, has included Azerbaijan for the first time in its list of countries eligible for funding.
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The International Telecommunication Union (ITU), the Permanent Mission of the Republic of Azerbaijan to the UN Office in Geneva and the Ministry of Digital Development and Transport organized for the heads of about 30 diplomatic missions accredited in Geneva a special briefing on the initiative "Green Digital Action", which will be presented during COP29 in November in Baku, the Ministry of Digital Development and Transport of Azerbaijan reported.
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As a member of the International Renewable Energy Agency (IRENA) Council, Azerbaijan participated in the 28th meeting of this Council in Abu Dhabi (UAE).
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Azerbaijan’s imports of animal and vegetable fats and oils climbed 23.9% by weight and 16.2% by value from January to September 2024, official data revealed. Despite the uptick in volume, the import cost of these products saw a decrease compared to the same period last year, with the cost per ton of vegetable oil falling by 6.1% to $1,199.6 in 2024, down from $1,278.6 in 2023.
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