Bank Of Baku

Investment in Sumgayit’s economy reaches $ 2 billion

Investment in Sumgayit’s economy reaches $ 2 billion
# 12 February 2010 10:24 (UTC +04:00)
Sumgayit. Rashad Suleymanov – APA-Economics. The average salary of employees, working in all spheres in Sumgayit (Azerbaijan), increased by 10% to AZN 260 in 2009.

Social-economic department of Sumgayit Executive Power told APA that this indicator quadrupled over the past 6 years.

Moreover, the city saw rise in investments as well. AZN 150 000 was invested in Sumgayit for development of different spheres. Over the past 6 years the total investment in the city’s economy was over AZN 1.5 billion
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