Finance

Finance

AZN 4.291B invested in fixed capital in four months of 2016

17 May 2016 16:36 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. In January-April 2016, AZN 4,291,300,000 was invested in Azerbaijan’s fixed capital from all financial sources.

State Statistical Committee told APA-Economics that 86.8% or AZN 3,724.7 mln of these funds were spent to construction of production facilities, AZN 9.5% or AZN 405.7 mln to construction of objects on service areas, 3.7% or AZN 160.9 mln to construction of residential houses with the total area of 443,700 m².

18.6% f investments fell to share of state sector, 81.4% to share of non-state sector. 69.5% of investments went to construction works. 32.2% of funds made domestic funds.

AZN 3,536.8 mln of investments made funds of enterprises and organizations, AZN 330.3 mln bank loans, AZN 275.8 mln budget funds, AZN 26.2 mln off-budget funds, AZN 119.2 mln personal funds, AZN 3.0 mln other funds.

74.5% of investments in the fixed capital went to industry, 15.1% to construction, 5.2% to transport and storehouses, 1.3% to state management and defence, compulsory social security, 0.9% to agriculture, forestry and fishery, 0.7% to information and communication, 0.6% to rendering administrative and auxiliary services, 0.4% to health, 0.3% to each of trade, education, recreation, entertainment and art, 0.2% to tourist accommodation and catering, 0.1% to each of professional, scientific and technical activity and etc.

AZN 3,045.4 mln was directed to the oil sector, AZN 1,245.9 mln to non-oil sector, of which AZN 153.5 mln was used in non-oil industry.