Bank Of Baku

Foreign fixed capital investment in Azerbaijan declines 16%

Foreign fixed capital investment in Azerbaijan declines 16%
# 21 January 2009 08:43 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. As against a year ago, foreign fixed capital investment dropped by 16.3% in Azerbaijan during 2008, said the State Statistical Committee.
The top body said the amount of foreign investment in fixed capital reached AZN 2 224.7 million.
Of this, AZN 2 061.9 million or 92.7% was made by British, U.S., Japanese, Norwegian, Turkish, Korean, Czech and German investors.
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