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Some AZN780mln spent on Construction in Q1 in Azerbaijan

Business Materials 19 May 2008 18:52 (UTC +04:00)

Azerbaijan, Baku, 19 May / corr. Trend S. Babayeva/ Some AZN778.4mln has been spent on the construction work in Azerbaijan in the first quarter which is 20.4% more as compared to the same period of 2007, State Statistics Committee of Azerbaijan said.

Some AZN208.8mln of the total volume of the construction work accounts for state companies and AZN596.6mln - for the private companies.

Some AZN597.9mln (76.8%) of the total volume is spent on the newly-constructed buildings, restoration and expansion, AZN97.1mln (12.5%) - capital repairs, AZN37.3mln (4.8%) - current repairs and AZN46.1mln (5.9%) - other construction work.

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