State Property Issues Committee (Azerbaijan)
Encyclopedia
The State Property Issues Committee of Azerbaijan Republic is a governmental agency within the Cabinet of Azerbaijan
Cabinet of Azerbaijan
The Cabinet of Azerbaijan is the chief executive body of the Republic of Azerbaijan.-The Executive Power:The President of the Republic of Azerbaijan is the head of state....

 in charge of regulation of property issues and policies in Azerbaijan Republic. The ministry is headed by Karam Hasanov
Karam Hasanov
Karam Hasanov Avaz oglu is an Azerbaijani politician serving as the Chairman of State Property Issues Committee of Azerbaijan Republic.Hasanov was born on August 2, 1969. He was appointed the Chairman of State Property Issues Committee on May 19, 2009 when the committee was established. Hasanov is...

.

History

The committee was established on May 19, 2009 by the Presidential
President of Azerbaijan
The country of Azerbaijan is a presidential republic, with the President of Azerbaijan as the head of state, and the Prime Minister of Azerbaijan as head of government...

Decree on the basis of the existing State Property Management Committee, to improve and facilitate privatization procedures for state owned properties.
The statute of the committee was approved on June 24, 2009.

Structure

The committee is headed by its Chairman aided by two deputees and Head of Administration.

Main functions of the committee are management of state property, its privatization, attracting external investment; conducting activities to increase effectiveness of state properties within and outside of the Azerbaijan Republic; maintaining inventories of state property and their registrations; holding events to promote privatization of cretina state properties auctioned for sale; provision of support for their further activities to state properties which were privatized; appraisals, assessment and pricing of real estate including personal properties and business buildings.
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