More than AZN 6 bln. directed to development of Baku this year

More than AZN 6 bln. directed to development of Baku this year
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  • calendar-gray 31 October 2019

In January-September of this year AZN 6 291,6  mln. (which is 9,1% less in comparison to the related period of the previous year)  from all financial sources were directed to fixed capital for the development of social and economic fields of Baku. , Baku City Statistics Department told APA-Economics.

According to the information, 48,7% of funds directed to fixed capital were used for construction and installation works.

During 9 months of 2019, 66,1% of construction works implemented by construction institutions constituted construction, reconstrunction and expansion works, 6,9% overhaul, 5,1% current repairs,  21,9% other construction works.

Emil Ismayilov

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