Finance

Finance

Over AZN 14 bln invested in fixed capital during eleven months

16 December 2015 08:00 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. In January-November 2015, AZN 14,438.8 mln was invested in fixed capital of Azerbaijan.

State Statistical Committee told APA-Economics that AZN 8,835.3 mln or 61.2% of these funds were spent to construction of production facilities, AZN 4,689.5 mln or 32.5% to construction of objects on service areas, AZN 914.0 mln or 6.3% to construction of residential houses with the total area of 1,634,100 m².

AZN 8,210.8 mln or 56.9% of funds made domestic funds. The funds directed to construction works made AZN 10,570.4 mln or 73.2%.

52.4% of investments in the fixed capital was spent to industrial areas, 12.7% to industry, 13.9% to transport and storehouse, 2.7% to rest, entertainment and art, 4% to public administration and defence, compulsory social security, 2.4% to information and communication, 3.2% to tourist accommodation and catering, 2.5% to agriculture, forestry and fishery, 1.6% to trade, 1.8% to education, 0.8% to administrative and subsidiary services, 0.4% to operations on real estate, 0.5% to other spheres.