1,095 state property objects privatized last year

12:52 - 9.02.2023

February 9, Fineko/abc.az. The State Budget received AZN 115.4 million from privatization of 1,095 objects of state property for 2022.

ABC.AZ reports that Matin Einullayev, the head of the State Service for Property Issues under the Ministry of Economy, said about this when delivering speech at a press conference devoted to Service’s activity for 2022.

He added that this figure is 2.4% or AZN 2.7 million more than in 2021.

"Also, last year three state-owned enterprises were put on investment tenders and privatized. As part of the investment programs submitted by the winning investors of competitions, investments in the amount of AZN 30 million, creation of more than 300 jobs and transfer of AZN 12 million to the State Budget in one-time order are envisaged," Eynullayev said.