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About 1.5 million square meters of housing commissioned in Azerbaijan

Business Materials 17 December 2010 15:01 (UTC +04:00)

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

A total area of residential buildings put into operation in Azerbaijan in January-November amounted to 1.490 million square meters, or 30.4 percent more than the same period of last year, the State Statistics Committee said.

Some 3.916 billion manat was invested in the construction of production facilities, or 29.6 percent more than in January-November 2009, 3.787 billion manat - in the construction of facilities in the service sector or 3.3 percent more than during the same period of last year.

The total investments in main capital during this period amounted to 7.704 billion manat or 15.2 percent more per year. The costs for building and construction work amounted to 5.073 billion manat, or 9.6 percent more than in the first 11 months of 2009.

The official exchange rate is 0. 7987 manat to $1 Dec. 17.

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