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Over AZN 3.2 bln invested in Azerbaijanâ€™s fixed capital in first quarter

15 April 2015 08:10 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. In January-March, 2015, AZN 3,232,800,000 was invested in fixed capital of Azerbaijan from all financial sources, up 3% from previous year.

State Statistical Committee told APA-Economics, 74.9% of these funds was spent to construction works, up 14.5% from a year earlier.

AZN 2,279.4 mln was spent to construction of production facilities, AZN 953.4 mln to construction of objects on service spheres. 30% of total investment fell to share of stat sector, 70% - to share of non-state sector.

54.7% of total investments made investments from domestic sources.

AZN 2,293.4 mln made investments by organizations, AZN 82.9% - bank credits, AZN 651.7 mln – budget funds, AZN 79.3 mln – funds of extra-budgetary foundations, AZN 94.7 mln – personal funds, AZN 30.8 mln – other funds.

52.1% of investments in the fixed capital was spent to industrial spheres, 16.3% to construction, 7% to transport and storehouse, 6.2% to rest, entertainment and art, 4.3% to public administration, 3.2% to information and communication, 2.3% to trade, 2.1% to agriculture, 1.7% to operations on real estate, 1.4% to education, 1.2% to health, 0.9% to tourist accommodation and catering, 0.7% to administrative and subsidiary services, 0.5% to financial and insurance activity, 0.1% to other spheres.

AZN 1,529.8 mln was directed to oil sector. AZN 154.4 mln (4.8%) of AZN 1.703 bln-funds spent to development of non-oil sector was used for development of non-oil industry sector.