About AZN 820 mln. of foreign investment made in Azerbaijani economy this year

About AZN 820 mln. of foreign investment made in Azerbaijani economy this year
  • Clock-gray 13:35
  • calendar-gray 16 March 2020

In January-February of this year, the funds invested in the fixed capital from the internal sources in Azerbaijan made up 58.3% or AZN 1,145.7 mln. of the total investment, "APA-Economics" reports citing the State Statistics Committee.

In January-February, 2020, the funds amounting to AZN 1,965.2 mln. were invested to the fixed capital from all financial sources for development of the country’s economic and social spheres. The cost of just construction and mounting works accounted for 58.7% of the spent funds. Some 68.3% of the total investment were spent on product manufacturing sectors, 20.6% - on service sectors, and 11.1% - on construction of dwelling houses.

In the reporting period, the part of the investment amounting to AZN 819.490 mln. was made from foreign sources.

In the total value of the investment made in the fixed capital, the funds of the enterprises and organizations accounted for 65.3%, the budget funds – for 17.1%, the personal funds of people - for 7%, the bank credits - for 5.1%, other funds - for 3.1%, and the funds of the extra-budget state foundations – for 2.4%.

Narmin Rahimova

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