Azerbaijan to lease lands to residents of villages and towns in liberated territories on preferential terms

Azerbaijan to lease lands to residents of villages and towns in liberated territories on preferential terms
# 14 October 2024 11:18 (UTC +04:00)

Agricultural lands close to residential areas within the borders of inhabited village and settlement territorial units in the liberated territories of the Republic of Azerbaijan will be leased to residents of villages and settlements (for annual and perennial crops) on preferential terms, as determined by the body (institution) determined by the relevant executive authority, it was reflected in the proposed amendment to the law "On Land Lease", APA reports.

According to the draft amendment, in the liberated territories of the Republic of Azerbaijan, agricultural lands will be leased to business entities in accordance with the procedure determined by the body (institution) determined by the relevant executive authority through investment competitions.

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THE OPERATION IS BEING PERFORMED