...

Construction work worth 2 billion manat conducted in Azerbaijan for nine months

Business Materials 20 October 2009 15:25 (UTC +04:00)

Azerbaijan, Baku, Oct. 20 / Trend U.Ismayilova /

The volume of work of all Azerbaijani construction companies amounted to 2.206 billion manat in January-September, the state statistics committee said.  

About 1485.9 million manat (67.3 percent) of total construction work fell to primary operations, renovation and expansion; 456.4 million manat (20.7 percent) to basic repair work; 105.1 million manats (4.5 percent) to the current repair work; 159 million manat (7.2 percent) to other construction work.

During this period, construction work amounting to 1.629 billion manat was conducted by private construction companies, but 577 million manat by state ones.

According to the committee, the average monthly nominal wage of workers in construction sector amounted to 448 manat, but 499.5 manat in large and medium construction companies in January to September of 2009.

On Oct. 20, the official exchange rate is 0.8029 manat to $1.

Do you have any feedback? Contact our journalist at: [email protected]

Latest

Latest