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Construction work index increases 5 percent in Azerbaijan

Business Materials 17 March 2009 12:14 (UTC +04:00)

Azerbaijan, Baku, March 17 / Trend , U. Ismayilova/

The construction work index increased one percent in Q4 2008 compared to Q3 2008. The figure increased 5.6 percent compared to the same period in 2007, the Azerbaijani State Statistics Committee said.

The index of land work prices increased four percent, housing index - 3.9 percent, 5-story apartment buildings - 3.7 percent and multi-story buildings - four percent in one year.

The index of prices of the social protection buildings increased 4.1 percent, administrative buildings - four percent and secondary school buildings - 4.7 percent.

The index of prices on highway construction increased 1.3 percent.

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