Over 60 state facilities to be put up for privatization in Baku [PHOTO]


(MENAFN- AzerNews) By Trend

Azerbaijan's State Committee for Property Affairs on April 16 will hold the next auction on the privatization of 62 state facilities, Trend reports with reference to the committee March 18.

Nineteen joint-stock companies, 18 small state-owned plants and facilities, 12 non-residential areas and 13 vehicles will be put up for privatization.

Four of the small state-owned enterprises are located in Baku, the rest in Guba, Jalilabad, Yevlakh, Siyazan districts.

Nine of the non-residential areas to be put up for the auction are located in Baku, three in Dashkasan, Shirvan and Ganja cities.

Cars of such brands as Nissan, BMW, Hyundai and other manufacturers produced in 1998-2011 will be also put up for the auction.

The preliminary auction price for cars varies within 3,000-10,000 manats.

(1.7 manats = 1 USD on March 18)

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