(MENAFN- Trend News Agency) BAKU, Azerbaijan, February 9. More than 115.4
million manat ($67.8 million) was transferred to the state budget
of Azerbaijan from the public property privatization through the
State Service on Property Issues under the Ministry of Economy in
2022, Head of the service's Strategic Planning Department Ilgar
Gabiyev told reporters, trend reports.
According to Gabiyev, this figure increased by 1.2 percent
compared to 2021.
'Besides, 304 small facilities, 513 vehicles, and 262 hectares
of land were privatized. Last year, more than 1,000 new land lease
agreements and 858 contracts for the lease of non-residential
premises were concluded. State revenues from the lease of
non-residential premises amounted to 3.7 million manat ($2.18
million), and from lease of land plots - 21.1 million manat ($12.4
million),' he said.
Moreover, last year the state service received 840 applications
for the lease of land suitable for agricultural activities.
'On 480 applications, agreements were reached and over 36,200
hectares of land were leased, and negotiations are underway on
394,' he added.
Will be updated
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