AZN13.7B invested in Azerbaijan’s fixed capital this year

AZN13.7B invested in Azerbaijan’s fixed capital this year
# 13 December 2017 07:54 (UTC +04:00)

In January-November 2017, AZN 13,688.4 million was invested in Azerbaijan’s fixed capital from all financial sources, of which AZN 6,051,700,000 or 44.2% was invested in non-oil sector, up 8.5% from previous year, said the State Statistical Committee.

 

State Statistical Committee told APA-Economics that 73.4% of these funds were spent to construction of production facilities, 17.1% to construction of facilities on service areas, 5.9% to construction of residential houses with the total area of 1,536,000 m². Domestic investments amounted to 42.2% of total investments.

 

In the structure of investments in the fixed capital 65.6% made up investments of enterprises and organizations, 12.7% bank loans, 14.1% budget funds, 1.4% off-budget funds, 5.4 private funds, and 0.8% other funds.

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