The privatized properties are located both in Baku and other Azerbaijani cities and regions.
The third stage of privatization started as part of Azerbaijani President Ilham Aliyev’s decree on additional measures to improve the state property privatization process dated May 19, 2016, as well as the president’s decree on some measures to improve the management efficiency and speed up the state property privatization process dated July 19, 2016.
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