Construction expenses increase by 32% in Azerbaijan

Construction expenses increase by 32% in Azerbaijan
# 16 February 2013 14:14 (UTC +04:00)

Baku. Nijat Mustafayev – APA-Economics. In January this year, construction expense in Azerbaijan made AZN 617,7 mln ( 32.4% more than compared to January last year) and 316,1 mln of these funds were spent on construction works.

The State Statistical Committee told APA-Economics that AZN 398,8 mln of the funds directed to basic capital came from local sources, 60.2% (AZN 371,6) of these funds were spend on the construction of facilities for manufacture of products.

“In January, 131,2 square meter residential buildings, secondary schools for 1 100 pupils and preschools for 242 seats have been inaugurated at the expense of funs allocated from various sources,” – said the Committee.

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