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PM Zhelyazkov: Unused state property to be sold online

It will be a transparent procedure through open bidding on an electronic platform

Photo: Council of Ministers Press Office

Unused state-owned properties that only generate costs should be sold transparently through open bidding on an electronic platform, Prime Minister Rosen Zhelyazkov said. In this regard, the government has adopted the Programme for Managing State-Owned Properties and Those Belonging to Public Enterprises.


These significant assets are currently managed by ministries, regional governors, and state-owned enterprises. "Their management follows the principle of 'meeting needs', although it's unclear what those needs are," the Prime Minister emphasised. A total of 4,400 properties have been identified, including 1,800 plots of land and 1,200 buildings, which will be put up for public sale.


Proceeds from the sales will go into a fund administered by the Minister of Regional Development and will be used exclusively for the acquisition and construction of social infrastructure - such as kindergartens and schools.




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