The State Service on Property Issues under the Ministry of Economy, in accordance with the “Second State Program on the Privatization of State Property in the Republic of Azerbaijan” and the “Rules for Conducting an Investment Competition,” announces an investment tender for the sale of state-owned shares of “Zabrat Machine-Building Plant” Open Joint-Stock Company (OJSC).

To participate in the investment tender for the privatization of “Zabrat Machine-Building Plant” OJSC, located at 196 N. Zeynalov Street, 1st Zabrat settlement, Sabunchu district, Baku, applicants must submit an investment program with a total value of no less than 4,000,000 manats, indicating the directions, amount  and duration of the investment. They must also provide concrete proposals regarding job creation, the application of modern technologies in the production process, and the expansion of the product range.

The enterprise has total liabilities of 951,839 manats. The winner of the tender must sign the purchase-sale agreement within 30 days from the date the protocol on the results is approved, transfer the proposed funds (no less than 2,850,000 manats) to the state budget within the period agreed upon in the contract and fulfill other terms and obligations specified in the contract.

Foreign investors may participate in the tender alongside citizens of the country.

Detailed information about the joint-stock company offered for the investment tender can be obtained through the official website of the State Service on Property Issues.

Applications and proposals of applicants will be accepted until 15 December 2025 (on working days from 10:00 to 17:30) at the State Service on Property Issues (address: 139 Heydar Aliyev Avenue, Nizami district, Baku).

The evaluation of the tender proposals by the Commission will be carried out at the administrative building of the Service starting at 15:00 on 16 December 2025.