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Investments in Azerbaijan’s non-oil sector increase by 68%


In January 2018, AZN 960.3 million was invested in Azerbaijan’s fixed capital from all financial sources, of which AZN 362.7 or 37.8% was invested in non-oil sector, up 68% from previous year, said the State Statistical Committee.

 

State Statistical Committee told APA-Economics that 83.5% of these funds were spent to construction of production facilities, 11% to construction of facilities on service areas, 5.5% to construction of residential houses with the total area of 121,000 m². Domestic investments amounted to 52.1% of total investments.

 

In the structure of investments in the fixed capital 81.4% made up investments of enterprises and organizations, 6.7% bank loans, 6.1% budget funds, 0.6% off-budget funds, and 5.2% private funds.

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/ 25 February, 2018

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