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Oil and gas sector attractive for FDI in Azerbaijan

Business Materials 23 August 2012 18:13 (UTC +04:00)
The volume of foreign investment in Azerbaijan’s economy has increased by 36.8 percent this year compared to the same period last year to hit $4.7 billion,
Oil and gas sector attractive for FDI in Azerbaijan

Azerbaijan, Baku, Aug. 23 / Trend A.Akhundov /

The volume of foreign investment in Azerbaijan's economy has increased by 36.8 percent this year compared to the same period last year to hit $4.7 billion, the Azerbaijani State Statistics Committee said on Thursday.

The country received some 29.7 percent of investment as financial loans.

The volume of FDI has increased by 26.9 percent compared to the first half of 2011 to reach $2.2 billion.

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