Azerbaijan, Baku, Sept. 16 /Trend, N.Ismayilova/
The total amount of foreign investments in Azerbaijan's economy hit 1.586 billion manat in January-August 2011, or 42.4 percent more compared to the same period of last year, the State Statistics Committee said.
In January- August, 89.9 percent (1.425.3 billion manat) of investments of foreign countries and the international organizations in the Azerbaijani economy accounted for investors from UK, USA, Japan, Norway, Turkey, France, the Czech Republic and Korea.
Great Britain continues to keep leading positions on amount of investments in Azerbaijan. Its country's share in volume of foreign investments hit 51.7 percent. British investments hit 820.5 million manat.
U.S. investment accounted for 222.27 million manat (with weight of 14 percent), Japanese - 140.97 million manat (8.9 percent), French - 26.22 million manat (1.7 percent), Norway - 79.1 million manat (5 percent), Czech - 54.02 million manat (3.4 percent), Turkey - 65.4 million manat (4.1 percent), Korean - 16.78 million manat (1.1 percent), Swiss - 5.41 million manat (0.4 percent), Saudi Arabia - 2.7 million manat (0.2 percent), Italian - 473,900 manat, Luxembourg - 60,300 manat.
The major volume of investments was allocated by WB in the amount of 124.36 million manat with special weight of 7.8 percent. ADB allocated 25.4 million manat (1.6 percent) to implement projects in Azerbaijan, while Islamic Development Bank - 1.7 million manat (0.1 percent) and Kuwaiti Fund for Economic Development - 549,500 manat.
The official exchange rate is 0.7867 manat to $1 on Sept. 15.