Investment in Azerbaijan's economy up by 15%

In January-February of this year, investment in fixed capital in Azerbaijan amounted to 2,638.1 million manats ($1.55 billion), marking a 15.5% growth from a year earlier, Report informs, citing the State Statistical Committee.

Over the past year, investments in the oil and gas sector increased by 12.5% and in the non-oil and gas sector - by 17.1%.

During the reporting period, 1,439.7 million manats ($0.85 billion), or 54.6%, were made in production, 1,064.7 million manats ($0.63 billion), or 40.3%, in services, and 133.7 million manats ($78.65 million), or 5.1%, in housing construction.

Domestic funds constituted 2,121.3 million manats ($1.25 billion, or 80.4%) of the funds directed to fixed capital, and construction and installation work amounted to 1,921.3 million manats ($1.13 billion, or 72.8%).