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Three-fold Increase in Azerbaijan’s Nakhchivan Regions’ Industrial Growth

Business Materials 7 April 2008 18:02 (UTC +04:00)

Azerbaijan, Baku, 7 April / Trend corr S. Babayeva/ In Jan-Feb, the industrial production in the Nakhchivan Autonomous Republic of Azerbaijan (NAR) has reached about AZN 28.5mln, which is 37.5% more than in the same period of 2007, the NAR Permanent Representation Office in Baku said.

Manufacturing of the products totalled 83.5% and services amounted to 16.5%. Production comprised 0.2%, processing 85.2%, and the enterprises engaged in production and distribution of power and water made up 14.6% in the industrial production field.

Private sector's share in the industrial field comprised AZN 24.3mln, the public sector - AZN 4.2mln.

In Jan, the number of people engaged in the industrial field in the NAR has reached 6,106, which is 18.7% more than in the same period of 2007. The average monthly wages of each employee rose by 26.7% and comprised AZN 153.9.

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