BAKU, Azerbaijan, September 4. The second phase of renovation work on houses is beginning in the Khanoba and Taghaverd villages of Azerbaijan's Khojavand district, Trend reports.
The repairs will cover 26 individual residential houses with a total area of 4,375 square meters in Khanoba and 30 houses with a total area of 5,049 square meters in Taghaverd.
The Restoration, Construction, and Management Service has finalized the necessary preparations for these projects in the Aghdam, Fuzuli, and Khojavand districts.
The implementation of work in Khanoba has been assigned to Capitel Group LLC, with a contract worth 1.5 million manat ($898,000).
For Taghaverd, the work has been assigned to a consortium of Frekans Construction and Energy Company LLC and UGUR Tikinti LLC, under a contract valued at 1.9 million manat ($1.13 million).
Capitel Group LLC, the entity tasked with the operational
execution in Khanoba, was incorporated in 2019, boasting a charter
capital of 20 manat ($11.8), and is duly represented in legal
matters by Rasim Huseynov.
The entity executing the operations in Taghaverd was incorporated
this fiscal year, possessing a charter capital of 10 manat ($5.9),
and is represented by Adil Masimov.
To note, Khanoba and Taghaverd villages had long been under occupation following the First Karabakh War in the 1990s. These villages were liberated following the Second Karabakh War in 2020.
