Baku, Azerbaijan, Aug. 15
By Huseyn Valiyev - Trend:
The total volume of foreign investments made in the Azerbaijani economy amounted to 2.646.2 billion AZN in January-July 2014, which is 18.9 percent more than in the same period of last year, according to the report of the State Statistics Committee.
Some 79.8 percent (over 2.1 million AZN) of investments made in fixed capital by the foreign countries and international organizations in January 2014 accounted for investors from the UK, Norway, U.S., Turkey, Japan and France, the report said.
The UK continues to maintain its leading position, its share in the total foreign investment in Azerbaijan amounted to 31.7 percent, and the amount of the investments - 839.182 million AZN.
During this period, the Norwegian investments in Azerbaijan's economy amounted to 474.398 million AZN (with a specific weight of 17.9 percent), U.S. - 239.327 million AZN (9 percent), Turkey - 240.420 million AZN (9.1 percent), France - 160.463 million AZN (6.1 percent) and Japan - 158.107 million AZN (6 percent).
The largest volume of investments out of the international financial institutions was allocated by the World Bank - 71.5 million AZN with specific weight of 2.7 percent.
The Asian Development Bank (ADB) allocated over 21.1 million AZN (0.9 percent), EBRD - 3.2 million AZN (0.1 percent) to implement the projects in Azerbaijan during January-July.
The official exchange rate is 0,7843 AZN/USD on Aug. 15.