Foreign investments in Azerbaijan’s fixed capital increase by over 40%
Baku, Azerbaijan, Oct. 19
By Anvar Mammadov - Trend:
The total volume of foreign investments made in Azerbaijan's fixed capital in January-September 2015 hit 4.968 billion manat, or 41.3 percent more than in the same period of 2014, the country's State Statistics Committee said in its report as of January-September 2015.
Some 89.6 percent (4.45 billion manat) of the investments made in Azerbaijan's economy by other countries and international organizations in January-September 2015 accounted for the investors from the UK, Turkey, Norway, Russia, Iran, Sweden, Malaysia, the US and Japan.
Most of foreign investments in fixed capital of Azerbaijan was made in July - 656.7 million manat, while the least - in February (387.7 million manat).
The largest share of foreign investments in total investments made in Azerbaijani fixed assets for the first eight months of 2015 was registered in January - 62 percent of total investments in fixed capital. The smallest share was observed in April - 35.6 percent.
The official exchange rate is 1.0474 AZN/USD Oct. 19.
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