Azerbaijan’s State Property Issues Committee to put up 80 facilities for privatization

Azerbaijan’s State Property Issues Committee will hold a regular auction on privatization of 80 state-owned facilities on August 14, Trend reports referring to the committee.

Of these, 46 are small state-owned enterprises and facilities, 22 are joint-stock companies, nine are non-residential areas, and three are vehicles.

Most of the small state-owned enterprises will be submitted for privatization with land plots. These enterprises include property complexes in Sumgayit, Balakan and Gakh, a recreation area in Sheki, and state facilities in the areas of trade and services in other regions of the country.

Of the non-residential sites put up for auction, five are located in Baku and four in Sumgayit.