Azerbaijan offers benefits for public-private partnership projects

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    Benefits, exemptions, and compensations will be applied to public-private partnership projects in Azerbaijan, Trend reports.

    This was reflected in the new bill “On public-private partnership”, which was discussed at the Azerbaijani Parliament’s meeting.

    According to the bill, public-private partnership projects will be subject to incentive measures envisaged by the Law “On investment activity”, as well as tax and other government benefits, additional financial support, guarantees, exemptions, and compensations.

    In coordination with the body (institution) determined by the relevant executive authority, the state can provide support and guarantees, —Azer News