The Azerbaijani Government will use an innovative way of privatization via individual projects at privatizing enterprises and facilities in the sphere of health care, education, culture, and sports. According to a source in the State Property Committee, the presidential Decree of August 23, 2006 regarding the availability of these objects to be privatized, was directed to change the profile of the enterprises that are being privatized. It was one of the key conditions. Taking into consideration the social importance to the country, the individual approach is quite possible during privatization, Trend reports.
According to the above-mentioned decree, 401 facilities and entertainment centers were opened for privatization. 43 in the sphere of health care, 246 education, 4 within the Youth and Sports Ministry of the Country, and 108 within the Culture and Tourism Ministry.
Presently, the State Committee is preparing for an action plan on privatizing these objects. They are collecting necessary information, preparing for a general plan of the enterprises, as well as locating their structure divisions, receiving documents on key indicators and characteristics of the economic activity of the enterprises, preparing corresponding proposals, etc.
Preparatory work for forming privatization commissions in accordance with the Second State Programme on Privatization of the State Property is underway. Measures on providing the participation of foreign investors in the process of privatization, as well as attracting investments are taken.