Bank Of Baku

Capital investment in construction works in Azerbaijan rises 17% during first quarter

Capital investment in construction works in Azerbaijan rises 17% during first quarter
# 18 April 2012 14:32 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. In January-March, 2012, AZN 2,099.4 mln was invested in main capital from all financial sources, up 16.5% from year earlier.

State Statistical Committee says AZN 989.7 mln or 47.1% of these funds were used in construction of production objects. Volume of the funds used for construction – reconstruction made 4.2% or AZN 1,103.7 mln. 72.8% of investments directed in main capital were formed by domestic investments, 27.2% - by foreign investments.
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