Bank Of Baku

State Committee for Public Property Management discusses privatization process

State Committee for Public Property Management discusses privatization process
# 06 August 2007 12:20 (UTC +04:00)
The State Committee for Public Property Management has held a meeting on the results of the first half of 2007.
The committee chair Karam Hasanov said they prioritize increase of transparency in privatization process, attraction of investment, re-start and development of production enterprises and creation of new jobs.
He added that 1,200 small enterprises and facilities were privatized and about 40 joint stock companies were sold in the past period of 2007.
100 of 400 health, education, sports and culture institutions opened for privatization by a presidential decree have been privatized.
792 immovable state-run properties were let out in this period.
/APA-Economics/
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THE OPERATION IS BEING PERFORMED