Matin Eynullayev has been appointed as Head of the Board of the Azerbaijan Investment Holding.
President of the Republic of Azerbaijan Ilham Aliyev has signed an order in this regard.
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President Ilham Aliyev has signed a decree to set up Azerbaijan Investment Holding that will help control the country’s state-owned companies under one umbrella.(10 August 2020)
The authorized fund of Azerbaijan Investment Holding is AZN 10 million ($5.8m).
According to the decree signed on August 7, the Investment Holding is created for managing state companies and enterprises, as well as economic companies with the state share according to unified principles. In addition, it will increase transparency and economic efficiency of investment projects implemented by state enterprises.
The Decree also approved the charter of the holding company and established a supervisory board and a management board to manage it, which will consist of five persons appointed by the president.
President of the Republic of Azerbaijan Ilham Aliyev has signed an order in this regard.
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President Ilham Aliyev has signed a decree to set up Azerbaijan Investment Holding that will help control the country’s state-owned companies under one umbrella.(10 August 2020)
The authorized fund of Azerbaijan Investment Holding is AZN 10 million ($5.8m).
According to the decree signed on August 7, the Investment Holding is created for managing state companies and enterprises, as well as economic companies with the state share according to unified principles. In addition, it will increase transparency and economic efficiency of investment projects implemented by state enterprises.
The Decree also approved the charter of the holding company and established a supervisory board and a management board to manage it, which will consist of five persons appointed by the president.
