AZN12.5B invested in Azerbaijan’s fixed capital this year

 AZN12.5B invested in Azerbaijan’s fixed capital this year
# 16 November 2017 12:39 (UTC +04:00)

In January-October 2017, AZN 12,536.5 million was invested in Azerbaijan’s fixed capital from all financial sources, down 3% from previous year, said the State Statistical Committee.

State Statistical Committee told APA-Economics that 77.2% of these funds were spent to construction of production facilities, 16.8% to construction of facilities on service areas, 6% to construction of residential houses with the total area of 1,399,500,000 m². Domestic investments amounted to 42% of total investments.

In the structure of investments in the fixed capital AZN 8,335,900,000 made up investments of enterprises and organizations, AZN 1,552,100,000 bank loans, AZN 1,696,000,000 budget funds, AZNB 174.2 million off-budget funds, AZN 679.9 million private funds, AZN 98.3 million other funds.

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