Capital investment in Azerbaijan’s fixed assets fall 12% yr/yr in January-July-Statistics Committee
Capital investment in Azerbaijan’s fixed assets decreased by 12.1 percent year-on-year to 7.059 billion manats ($4.2 billion) in January-July of 2021, the State Statistics Committee said.
Investments decreased by 10.4 percent in the oil and gas sector and by 13.4 percent in the non-oil sector.
Around 70 percent of total investments had been used for production purposes, while the rest was used for construction. Over 63 percent of total investments were domestic funds, around 37 percent – foreign direct investments.
Aug 23, 2021