The essential innovations have been applied within acceleration and increasing of efficiency of privatization of state property in Azerbaijan. The numerous state enterprises and objects have been nominated to be privatized according to the decision of the State Committee on Property Issues (SCPI).

These measures are being implemented in accordance with the Presidential Decree as of 19 July 2016 “On Some Measures Related to Acceleration of Privatization and Increasing of Efficiency of Management of State Property” and other appropriate assignments by Mr. Ilham Aliyev, President of the Republic of Azerbaijan.