ANNOUNCEMENT OF THE STATE SERVICE ON PROPERTY ISSUES UNDER THE MINISTRY OF ECONOMY OF THE REPUBLIC OF AZERBAIJAN ON INVESTMENT TENDER FOR THE SALE OF THE ENTERPRISE AS PROPERTY COMPLEX LOCATED AT SHEKI DISTRICT, GARASU AREA, ORYAT VILLAGE
According to the Second State Program on privatization of state property in the Republic of Azerbaijan and “Rules on implementation of investment tender” approved by the Presidential Decree No. 533 dated 17 July 2001, in order to ensure the implementation of the Decree No. 2979 of the President of the Republic of Azerbaijan dated October 29, 2021, "On the privatization of some enterprises and objects on the balance sheet of the "Azerbaijan Industrial Corporation" Open Joint Stock Company the State Service on Property Issues under the Ministry of Economy of the Republic of Azerbaijan announces investment tender for the sale of the enterprise as property complex (hereinafter referred to as the "property complex") located at Sheki district, Garasu area, Oryat village.
Along with physical and legal entities of the Republic of Azerbaijan also foreign investors may participate in the tender.
At the completion of the tender, bidder with more favourable proposals on maximum amount of investment and its efficiency within the defined conditions will be preferred.
1. Information on Property Complex
(As of 01 August 2026)
Legal address: Shaki district, Oryat village, Garasu area
Main activity of the property complex: Procurement, processing and sale of meat and dairy products
Total value of the property complex: 2 000 000 (two million) manats
Area and characteristics of structures: 24.0 ha of the structures are for production purposes, and their characteristics are specified in the privatization plan
Equity interest in other enterprises: none
Intangible assets: none
The ecological condition: satisfactory
Number of employees: none
Liabilities of the property complex: none
2. Requirements and provisions for bidders
2.1. Submitting an Investment Program in the amount not less than 2 000 000 (two million) AZN indicating the investment trends, total amount and terms of investments reflecting the following issues for the purpose of ensuring the operation of the property complex as a fully functional production enterprise through the restoration and expansion of the existing production area:
2.1.1. proposals for restoration and reconstruction of existing buildings and facilities;
2.1.2. proposals for the repair of existing equipment and technologies (considered appropriate), as well as the application of new equipment and technologies;
2.1.3. proposals for the production and range of products in the property complex;
2.1.4. proposals for renewal of infrastructure provision;
2.1.5. proposals for the development of the territory of the property complex;
2.1.6. proposals for creating new jobs within the property complex through the establishment of manufacturing enterprise (not less than 50);
2.1.7. proposal on the amount to be transferred and its use of certain part of 5% (five) of total proposed investment amount in the cash form to the account.
2.2. Proposals on payment to be paid to the state budget for the purchase of property complex not less than 650 000 (six hundred fifty thousand) AZN or (payments made in foreign currency should be converted into Azerbaijani manat in accordance with official exchange rate of the Central Bank of the Republic of Azerbaijan on the relevant date).
3. Documents to be submitted by bidders
Applicants must submit the following documents in order to participate in the competition:
3.1. Application for participation in the tender (in an open envelope).
3.2. Receipt confirming the cash transfer of 100 000 (one hundred thousand) AZN to the AZN deposit NO. AZ65 NABZ 0136 1150 0000 0000 4944 (code: 501004; correspondence account: AZ74 NABZ 0145 1700 0000 0000 1944; Tax ID: 9900071001; SWIFT bik: NABZAZ2C) of the State Committee on Property Issues of the Republic of Azerbaijan in the Central Bank of the Azerbaijan Republic confirming the seriousness of the bidder and warranting its compliance with the terms and conditions of the tender or the guarantee document in the same amount (bank guarantee, surety agreement, pledge agreement, etc). The amount paid by the winner will be considered during the fulfilment of Article 2.2, however payment and guarantee letters of losers will be returned.
3.3. If the bidder is a legal entity, the following documents shall be submitted in an open envelope:
- duly certified copy of charter;
- duly certified copy of the documents confirming the registration of the bidder as a legal entity;
- duly certified copy of the founding agreement and TIN, as well as the duly certified order on the appointment of the chief;
- information reflecting the bidders activity;
- information on existing activity in the Republic of Azerbaijan audited financial reports of the last three years (for foreign legal entities);
- confirming the payment provided for in paragraph 3.2 and one of the determined guarantee documents;
- list of submitted documents.
If the bidder is a phyisical entity, the following documents shall be submitted in an open envelope:
- duly certified copy of the identification card;
- information about bidder and business activity;
- information on the bidder's TIN;
- information on existing activity in the Republic of Azerbaijan (for foreign physical entities);
- confirming the payment provided for in paragraph 3.2 and one of the determined guarantee documents;
- list of submitted documents.
The following documents (legal and physical persons) shall be submitted in a secondly sealed separated envelope
- Investment Program;
- Proposal on money to be paid to the state budget.
Documents in any foreign language should be submitted with their texts to be translated to Azerbaijani and be certified by the bidder. In case of discrepancy between the texts, Azerbaijani text shall prevail.
If any of the documents or information required to participate in the tender can be obtained from the relevant government agency through the Electronic Government Information System, those documents or information are not required from the bidders. In cases where it is not possible to obtain such documents or information through EGIS, their submission is required from the relevant state agency upon request with the consent of the bidders or is provided by the bidders. Such documents will be considered by the Tender Commission accordingly.
4. Requirements and provisions to be applied for tender winner
4.1. Tender winner should ensure the followings:
4.1.1. The signing of purchase and sale agreement of property complex during 30 (thirty) calendar days from the date of approval the protocol on the results of the tender;
4.1.2. From the signing date of the purchase and sale agreement of property complex:
- transfer of the proposed funds to the state budget during the period to be agreed in the contract;
- transfer of up to 5% of the total volume of the proposed investment in the Investment Program in the form of cash to the settlement account of the property complex within 60 (sixty) calendar days;
- creation of the number of workplaces to be committed, but not less than 50;
- payment of (3 599 AZN (including VAT)) service fee to the consulting company involved in connection with the implementation of this project within 30 (thirty) calendar days;
- fulfillment of other conditions and obligations defined by the contract, as well as the implementation of the investment in accordance with the direction, amount and stages specified in the Investment Program.
4.2. For getting acquainted with the property complex and relevant documents (Privatization plan) and obtain additional information about the investment tender bidders can contact the following address on working days from from 10:00 till 17:30 until 21 September 2026 (including this date), 139 H.Aliyev avenue, Baku city, Nizami district, State Service on Property Issues under the Ministry of Economy, Room 1210 tel.:+994 12 311 01 60 (ext: 1314 and 1298) office@emlak.gov.az.
4.3. Acceptance of applications and proposals of the bidders will be held till the date of 22 September 2026 (including this date) from 10:00 till 17:30 in the following adress specified in paragraph 4.2.
4.4. Tender proposals will be assessed on 23 September 2026 starting from 15:00 at the administrative building of the State Service on Property Issues under the Ministry of Economy by the Tender Comission.
