Chaykend basalt deposit put up 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 the regular auction on September 14.

10.8 hectares of the Chaykend basalt deposit, located in Goygol, have been auctioned. The initial starting price of the deposit is set at 354,800 manats. Those wishing to take part in the auction must pay an initial auction price in the amount of 35,480 manats.

Bidders to participate in the auction can submit documents to the address 31 Istiglaliyyat Street, Sabail district, Baku, until 04:00PM on September 7, 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. Legal entities and individuals of the foreign countries are also allowed to take part in the auction. 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://clck.ru/sYqPW) and on the Privatization Portal (https://clck.ru/sYqRX).