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18:32 18 October
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AZN 11B invested in Azerbaijan’s fixed capital this year


In January-September 2017, AZN 11,090,800,000 was invested in Azerbaijan’s fixed capital from all financial sources, said the State Statistical Committee.

 

Of this, AZN 4,623,000,000 or 41.7% was invested in non-oil sector, up 13.8% from previous year.

 

State Statistical Committee told APA-Economics that 77.7% of these funds were spent to construction of production facilities, 16% to construction of facilities on service areas, 6.3% to construction of residential houses with the total area of 1,263,000 m². Domestic investments amounted to 40.5% of total investments.

 

In the structure of investments in the fixed capital 67.5% made up investments of enterprises and organizations, 12.2% bank loans, 12.7% budget funds, 1.4% off-budget funds, 5.5% private funds, 0.7% other funds.

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