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SOCAR starts construction of cooperative buildings and settlements

SOCAR starts construction of cooperative buildings and settlements

Economy
04 February 2016, 16:43 739
SOCAR will be able to construct cooperative buildings and settlements in some districts of Baku, SOCAR President Rovnag Abdullayev said at the meeting with younger oilmen.

Abdullayev noted that the head of state Ilham Aliyev has also given his consent: "I have got permission to conduct construction works on Saturday. We’ll construct cooperative buildings and settlements in Garadagh, Pirallahi and other places where we have land. The company will try to provide houses for all youths. This program will be implemented starting next week. Several departments have already been instructed, preparation works are underway”.

 

SOCAR President noted that the houses will be provided by long-term credit system: "You’ll be able to set a system and join this cooperative movement by paying a certain amount from your salary”