As a starting point, four state enterprises were transferred to the management of AIH

News | 06.10.2020

On the 6th of November, President Ilham Aliyev signed an order on the transfer of the State Oil Company of the Republic of Azerbaijan, “AzerGold” Closed Joint-Stock Company, “Azerbaijan Caspian Shipping” Closed Joint-Stock Company and “Baku International Sea Trade Port” Closed Joint-Stock Company under the Ministry of Transport, Communications and High Technologies of the Republic of Azerbaijan to the management of Azerbaijan Investment Holding, AIH.

According to this Order, the State Oil Company of the Republic of Azerbaijan, “AzerGold” Closed Joint-Stock Company, “Azerbaijan Caspian Shipping” Closed Joint-Stock Company and “Baku International Sea Trade Port” Closed Joint-Stock Company under the Ministry of Transport, Communications and High Technologies of the Republic of Azerbaijan were transferred to the management of Azerbaijan Investment Holding, AIH.

The Cabinet of Ministers was tasked with resolving the matters issuing from this Order. The Ministry of Economy and Azerbaijan Investment Holding are to undertake the necessary measures to resolve the issues arising from the Order.