Investment in fixed assets decreased by 28% in Azerbaijan

Finance
  • 14 December, 2016
  • 12:52
Investment in fixed assets decreased by 28% in Azerbaijan

Baku. 14 December. REPORT.AZ/ In January-November 2016, 13,0 bln AZN was directed from all financial sources to main capital on the development of the economic and social spheres. This is less by 28% compared to the same period last year.

Report informs referring to the State Statistics Committee’s report.

9,445 bln AZN (72,6%) of the amount were spent on the construction of production facilities, 1993 bln AZN (22,7%) in the public sector, 0,530 bln AZN in the construction of resident buildings with total area of 1 519,8 thousand square meters.

5,331 bln AZN or 41,0% of this amount accounted for domestic assets.

9,445 bln AZN or 72,6% of total amount directly accounted for construction-building works. 

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