Volume of construction work increases by over 12 percent in Azerbaijan per year
Azerbaijan, Baku, July 20 / Trend E. Aliyev /
The volume of construction work increased by 12.2 percent to 3.38 billion manat in Azerbaijan in January-June 2013 compared to the same period of 2012, the Azerbaijani State Statistics Committee reported.
According to the report, around 68 percent of the total volume of construction work accounted for the primary construction, reconstruction and expansion, 17.7 percent - for overhaul, 2.4 percent - for current repair and 11.9 percent - for other construction work.
Around 78 percent of the construction work was carried out by non-state construction companies.
Around 95,700 people with nominal wages of 597.2 manat, which is 6.3 percent more than in the same period of last year, were involved in the Azerbaijani construction sector during this period or by 14.5 percent more than in the same period of 2012.
Alongside, the average salary in state-owned companies amounted to 486.4 manat (a 10.1 percent increase), private companies - 651.4 manat (with an increase of 1 percent).
The level of wages in the construction of buildings grew by 1.5 percent - to 561.5 manat in average, specialized construction (increased by 7.1 percent) - to 746.4 manat. In the field of civil construction, wages increased by 29.1 percent to 513.5 manat.
The official exchange rate is 0,7844 AZN/USD on July 20.