Bank Of Baku

Capital invested in Azerbaijan’s non-oil sector rises 16%

 Capital invested in Azerbaijan’s non-oil sector rises 16%
# 23 October 2013 13:14 (UTC +04:00)

Baku. Aqshin Rafigoglu – APA-Economics. AZN 3,913.3 mln of funds invested in Azerbaijan’s main capital during January-September, 2013, was directed to oil sector.

 

State Statistical Committee says the funds spent to non-oil sector rose 16.4% to AZN 7,913.2 mln (66.9% of total investments), including AZN 1,640.2 mln (13.9%) was used in development of non-oil industry sector.

 

80.8% of funds directed to non-oil sector came from state-owned, 19.2% - from non-state owned organizations.

 

 

 

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