Bank Of Baku

$3.5bn invested in Azerbaijani economy during Jan-Sep

$3.5bn invested in Azerbaijani economy during Jan-Sep
# 16 November 2006 14:54 (UTC +04:00)
Investment of USD 3.5bn has been made in the economy of Azerbaijan during the period of January-September.
State Statistical Committee told APA that direct investment constituted 80.2%, financial investment 17.7%, portfolio investment and others 2.1% of the total investment made during this period.
The foreign investment in oil-gas sector fell by 10.6% and direct investment in non-oil sector made by joint and foreign investment companies doubled, year-over-year, during this period.
53.4% of the foreign investment was made in industry, 16.1% in trade and service, 14% in construction, 16.5% in transport and communications and other services. /APA/
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