Bank Of Baku

AZN 8B invested in fixed capital in seven months of 2016

AZN 8B invested in fixed capital in seven months of 2016
# 12 August 2016 15:54 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. In January-July 2016, AZN 7,959,700,000 was invested in Azerbaijan’s fixed capital.

 

State Statistical Committee told APA-Economics that 81.1% or AZN 6,460.4 million of these funds were spent to construction of production facilities, 14.8% or AZN 1,175.9 million to construction of objects on service areas, 4.1% or AZN 323.4 million to construction of residential houses with the total area of 888,700 m².

 

70.9% or AZN 5,643,900,000 of investments went to construction works. 38.1% or AZN 3,036,600,000 of funds made domestic funds.

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