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Central Bank discloses direct foreign investments to Azerbaijan

Economy Materials 9 December 2021 17:52 (UTC +04:00)
Central Bank discloses direct foreign investments to Azerbaijan

BAKU, Azerbaijan, Dec. 9

By Khagan Isayev - Trend:

The foreign direct investments made to Azerbaijan increased by 8.1 percent from January through September 2021 compared to the same period of last year up to $3.7 billion, Trend reports on Dec. 9 citing a report from the Central Bank of Azerbaijan (CBA).

The UK became the leader in investments worth $1.2 billion made to Azerbaijan during the reporting period. The UK’s investments decreased by 0.9 percent from January through September 2021 compared to the same period of 2020.

Turkey increased investments to Azerbaijan by 28.3 percent from January through September 2021 compared to the same period of 2020 up to $530.1 million.

The US investments made to Azerbaijan increased by 8.3 percent from January through September 2021 compared to the same period of 2020 up to $411 million.

The US is followed by Malaysia ($324.9 million), Cyprus ($231.3 million), Japan ($215.8 million), Iran ($209.4 million), Norway ($121.7 million).

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