Bank Of Baku

Investments in non-oil sector increased by 12% in Azerbaijan last year

 Investments in non-oil sector increased by 12% in Azerbaijan last year
# 29 January 2014 08:58 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. AZN 4,824.8 mln was directed to oil sector in Azerbaijan last year.

 

State Statistical Committee says investments in non-oil sector increased by 12.1% to AZN 13,047.3 mln (73.0% of total investments), as well as AZN 2,257.5 mln (12.6%) was directed to development of non-oil industrial sector.

 

71.8% of funds directed to non-oil sector fell to share of state-owned, 28.2% to non-state-owned enterprises.

 

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