92 state-owned properties to be put up for privatization in Azerbaijan

Azerbaijan's State Committee for Property Affairs will hold the next auction on the privatization of 92 state facilities on April 30, Olaylar reports referring to the committee.

Some 22 joint-stock companies, 49 are small state-owned enterprises, 11 are non-residential areas, 3 are unfinished buildings, and 7 vehicles will be put up for privatization.

Facilities focusing on construction and agrarian spheres, services, etc. are among the state facilities to be privatized.

Six of the non-residential areas are located in Baku, and 5 in Sumgayit.

Government facilities operating in construction, transport, agricultural and other economic spheres are located in Yevlakh, Beylagan, and Ismayilli.

Cars of such brands as Nissan, Qaz, and Kia produced in 1998-2007 will be also put up for the auction.

The preliminary auction price for cars varies between 1,500-7,000 manats.