Presidential aide: “Establishment of Investment Holding will mean commencement of process of liberalization in many spheres in Azerbaijan”

Presidential aide: “Establishment of Investment Holding will mean commencement of process of liberalization in many spheres in Azerbaijan”
# 08 August 2020 12:27 (UTC +04:00)

“A number of historic statements were made at the meeting held by President in regard to coronavirus”, said Assistant to the President of the Republic of Azerbaijan - Head of the Department of Economic Issues and Innovative Development Policy Shahmar Movsumov at the briefing of the Task Force under the Cabinet of Ministers, APA reports.

He said the main purpose of establishment of the Azerbaijan Investment Holding is related to management of state enterprises: “The President has voiced many points regarding management of state enterprises. The establishment of this holding in a short time will mean the commencement of the process of liberalization in many spheres in Azerbaijan. We take as a priority the development of the non-oil sector. There is a great number of state enterprises here. We will see the result of this in a short time”.

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