GAUGI is considering the possibility of transferring property returned to the state under a long-term lease

The State Agency for the Management of State Property is considering the possibility of transferring assets returned to the state under a long-term lease. This was announced by the head of the agency at a planning meeting on 10 November.

As an example, he cited a site managed by the Agro-Corporation which is due to be returned to state ownership following a court ruling. According to him, there are several facilities on the site, including a production workshop which is owned by a private individual and remains in operation.

The head of GAUGI noted that the agency is prepared to work with the entrepreneur to resolve any issues that arise. However, there are no plans to automatically transfer property returned to the state back into private hands. One of the options under consideration is a long-term lease.