Azerbaijan puts up four more mineral deposits for auction

The Auction Center of the State Service for Property Issues under the Ministry of Economy and the State Agency for the Use of Mineral and Raw Materials under the Ministry of Ecology and Natural Resources will hold a regular auction for the subsoil use on January 17, 2022, Report informs, citing the Ministry of Economy.

According to the ministry, 10 hectares of the Bumchay, 10.5 hectares of the Demiraparanchay, 10 hectares of the Tikanlichay and 14 hectares of the Khikhatala sand and gravel deposits in Gabala district will be put up for auction.

Bidders to participate in the auctions can submit documents to the address 31 Istiglaliyyat Street, Sabail district, Baku, until 04:00 pm on January 10, 2022.

With the aim of receiving the terms of reference and participating in the auction, bidders must pay a service fee and initial auction price in the amount indicated in the auction announcement. The open auction will take place in the Property Services Space of the State Service for Property Issues under the Ministry of Economy.

The announcement of the auction is available on the official website of the State Service for Property Issues (https://bit.ly/3lZ92ON ) and on the Privatization Portal (https://bit.ly/3EQfSNX ).