In January to September 2005 the investments in the oil and gas sector of Azerbaijan made up 73.7% of al investments put in economy, 95.8% of capital invested in the industrial sector.
In January to September 14023.8bn manats has been invested in oil and gas industry ($2936,764m at average rate of 4775.3 USD/AzM) with a rise of 4.3% as compared to 2004.
12067.6bn manats has been invested in the Azerbaijani economy ($3,556,935 under rates of 4798.4 AzM/USD, or 11.4% up the amount of investments for January to August 2004.
Investments in the industrial sector comprised 14633.2bn manats (+3.9%). Investments in the refinery sector totaled 262.5bn manats, or 47.1% down as compared last year. Despite rise in the amount of refinery, investments (86.1bn manats) reduced 36.2% in oil refinery.
Indices of investment processes in January to September 2005
|
Amount, in bn AZM |
Special weight, in % | |
|
Investments in total |
19041,1 |
100 |
|
Foreign investments |
13492,6 |
70,9 |
|
Internal investments |
5548,5 |
29,1 |
Source: State Statistics Committee and calculations by Trend
The higher growth pace was observed in the hotel-restaurant business - 15 times amid a total amount of 8.7bn manats, construction sector вЂ" 5.2 times amid 224.7bn manats, electricity and communal economy вЂ" 2.4 times amid 346.9bn manats, wholesale-retail trade and household services вЂ" 2.4 times amid 287.3bn manats, railway transport вЂ" 2.8 times amid 92.8bn manats, air transportation вЂ" 2.2 times amid 84.1bn manats.
In January to September 2005 19041.1bn manats has been invested in the Azerbaijani economy ($3,987,4 under rates of 4798.4 AzM/USD, or 10.7% up.