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Amount of construction work in Azerbaijan increases 1 billion manat

Business Materials 16 July 2009 16:40 (UTC +04:00)

Azerbaijan, Baku, July 16 / corr Trend U.Ismayilova /

The amount of work by all construction companies in Azerbaijan in January-June grew 2.2 percent to 1.362.4 million manat as compared to the same period of the last year, State Statistics Committee reported

As many as 877.2 million manat (64.4 percent) of total construction work fell on primary work, re-construction and expansion, 313.4 million manat (23 percent) - basic repair work; 21.1 million manats (6 percent) - current repair work, 89.3 million manat (6.6 percent) - other construction work.

In this period construction work in the amount of 989 million was done by private companies and 373 million manat by state-run companies.

According to the State Statistics Committee, in January-June the average monthly nominal wage of workers in the construction sector amounted to 449.2 manat, in large and medium construction companies - 494.7 manat.

Official rate on June 16 is 0.8039 AZN/USD.

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