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--
Economics
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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.
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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.
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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.
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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.
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