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Power plants and telecom companies to be privatized

12.01.2021,11:58


January 12, Fineko/abc.az. The State Property Issues Service under the Ministry of Economy will announce the privatization of power plants and telecommunications enterprises in 2021.

ABC.AZ reports with reference to the Accounting Chamber of Azerbaijan that it is assumed that after this procedure the State Budget will receive AZN 15 million from the privatization of power plants and AZN 30 million from the privatization of telecommunications enterprises.

At that, it is not ruled out announcement of new enterprises in other spheres as open for privatization.

It should be noted that State Budget 2021 is forecasted to receive AZN 111 million from privatization. Of this amount, AZN 45 million are indicated as probable.

By Elmir Murad