Investment in Azerbaijan’s main capital from all financial sources soars 2.5% in 1st quarter of 2011

Investment in Azerbaijan’s main capital from all financial sources soars 2.5% in 1st quarter of 2011
# 13 April 2011 13:21 (UTC +04:00)
Baku. Nijat Muatafayev – APA-Economics. Investments of all financial resources in Azerbaijan’s main capital increased by AZN 1.8 bln or 2.5% in the 1st quarter of 2011, compared to a year ago, said the State Statistical Committee. Of this, AZN 1 043.4 mln was used in construction works.

According to SSC, 73.3% of this came from domestic resources. 49.7% investment was used in output production, 50.6% in construction of service spheres’ objects.

Several new objects were established during the report of period. Besides, work places also were launched.

59.8% of investment was the funds of enterprises and organizations, 27.4% - budget fund, 3.7% - special fund of population and 9.3% - other funds.
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