12:41 - 14.06.2024

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June 14, Fineko/abc.az. The State Service for Property Issues has announced an investment competition for the sale of shares in state institution Baku Marble Granite LLC.

ABC.AZ reports with reference to the Service that the competition was announced in accordance with the II State Program for the Privatization of State Property and the Rules for conducting an investment competition.

For the privatization of an enterprise located in Lokbatan settlement of Garadagh district of Baku, applicants must submit an investment program worth at least 10 million manats indicating the directions, amount and timing of investment, make specific proposals to create at least 80 jobs, introduce modern technologies into production, and expand the product range.

The company has obligations for totally 689,292 manats.