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Azerbaijan Issued License for Construction of Residential Area in 1Q 2008

Business Materials 30 April 2008 14:44 (UTC +04:00)

Azerbaijan, Baku, 30 April / Trend corr. U.Ismayilova / From January to march 2008, Azerbaijan has issued licenses for the construction of 668 production and non-production premises worthAZN 89.1mln, State-run Statistic Committee of Azerbaijan reported.

It is expected that 237 trade and service premises, 398 - residential premises, 3 - transport premises and 30 premises of other economic spheres, will be built.

From January to March, Azerbaijan has issued license for the construction of 96,500sq m of residential area- 95,200 sq m is non-state premises and 1,300sq m belong to state organizations.

Most of the constructed premises will be in Baku and Ali Bayramli, as well as in Shamakha, Shaki, Astara, Lankaran, Masalli and Agjabadi.

The correspondent can be contacted at: [email protected]

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