About 330 state property facilities to be put up for privatization in Azerbaijan
By Trend
About 330 state property facilities will be submitted to auctions of the State Property Issues Committee March 5, 12, 19 and 27, Trend reports with reference to the State Committee.
Eighty-two of them are joint stock companies, 224 are small state-owned facilities, non-residential areas and unfinished buildings, 22 are vehicles.
During the auctions, investors will be able to privatize 30-45 percent of the shares of shareholders.
Among the facilities put up for the auction, 30 belong to the agriculture sector, 18 - construction, 16 - industrial, 12 – transport and 6 - to the service sector.
Thirty-one state property facilities are located in Baku, nine in Sumgait city, three in Dashkesan, two in Sabirabad, the rest in Samukh, Ganja, Shirvan, Barda and Terter cities.
Those willing to become owners of car will be able to take part in March auctions for the privatization of vehicles released in 1999-2014 at prices ranging within 1,440-10,000 manats.
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