Bank Of Baku

Foreign fixed capital investments halved in Azerbaijan

Foreign fixed capital investments halved in Azerbaijan
# 18 June 2009 10:49 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. As against a year ago, foreign fixed capital investment dropped by half in Azerbaijan during January-May, said the State Statistical Committee.

The top body said the amount of foreign investment in fixed capital reached AZN 463.9 million, down 52% from a year ago.

Of this, AZN 404.9 million or 87.3% was made by British, U.S., Japanese, French, Norwegian, and Turkish investors.
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