BAKU, Azerbaijan, March 13
Trend:
The investments in fixed assets amounted to 16.1 billion manat ($9.5 billion) in Azerbaijan in 2021, which is by 8.2 percent less than in 2020, Trend reports with reference to the report of the Azerbaijani Cabinet of Ministers on activity in 2021.
According to the report, investments in the oil and gas sector decreased by 5.6 percent, while in the non-oil sector - by 9.6 percent in 2021 compared to 2020.
Some 10.5 billion manat ($6.2 billion) or 65.3 percent accounted for the production sector, 4.6 billion manat ($2.7 billion) or 28.3 percent - for the services sector, 1.02 billion manat ($0.6 million) or 6.4 percent - for the construction sector in the structure of investments.
Around 11.8 billion manat ($6.9 billion) or 73.1 percent out of the funds allocated to the fixed capital accounted for the internal funds, 11.01 billion manat ($6.5 billion) or 68.3 percent were directed to the construction and installation work.