Investments in Azerbaijan’s fixed capital increase by over 8 percent

Baku, Azerbaijan, May 20
By Zulfiye Qurbanova - Trend:

Around 4.627.9 billion manat was invested for the development of Azerbaijan's social and economic spheres from all financial sources in January-April 2014 which is 8.6 percent more than in January-April 2013, according to the Azerbaijani State Statistics Committee.

The volume of investments in construction and installation work reached 73 percent of the total volume of investments. This index increased by 25.6 percent.

Some 3.186.8 billion manat was invested in the construction of production facilities during this period, and 1.441.1 billion manat in the service sector facilities. Some 51.6 percent of investments fall to the state enterprises, 48.4 percent - private enterprises.

Around 68.8 percent of the total volume of investments fell to domestic investments. They increased by 3.5 percent compared to January-April 2013. Some 70.4 percent of domestic investments fell to state enterprises and organizations with 29.6 percent falling to private enterprises.

Around 2.428.4 billion manat (52.5 percent of the total volume of investments) were invested in fixed capital at the expense of the funds held by enterprises and organizations, 212 million manat (4.6 percent) - bank loans, 1.780 billion manat (38.5 percent) - budgetary funds, 73.7 million manat (1.6 percent) - off-budget funds' resources, 120.6 million manat (2.6 percent) - population's income and 13.2 million manat (0.2 percent) - other funds.

About 59.6 percent (2.756.2 billion manat) of funds invested in fixed capital were transferred to the development of the non-oil sector (a 3.1 percent decrease), including 395.6 million manat (8.5 percent) invested in the non-oil industrial sector. Some 1.871.7 billion manat (40.4 percent) were invested in the country's oil sector or 32.1 percent more than in the same period of 2013.

About 49 percent of investments fell to industry, 17.3 percent- construction, 7.6 percent- public administration, 4.6 percent - recreation, entertainment and art, 8.2 percent - transport and storage facilities, 2.7 percent - education, 2.5 percent - agriculture, forestry, fish-breeding, 2.1 percent - public health and rendering social services, 1.9 percent - trade and repair of vehicles, 1.4 percent - tourist accommodation and catering, 0.8 percent - communication and information, 0.6 percent - rendering the administrative and additional services, 0.3 percent - financial and insurance activity and real estate operations, according to the report.

The official exchange rate is 0.7844 AZN/USD on May 20.

edited by CN

Iran's Energy Exchange announces products to be on sale on May 11
Iran's Energy Exchange announces products to be on sale on May 11
New facility to be put into operation in Iran’s electricity sector
New facility to be put into operation in Iran’s electricity sector
Iran's ICOFC to develop two gas fields
Iran's ICOFC to develop two gas fields
Loading Bars
Latest
Putin says 21.5 mln Russians vaccinated against COVID-19
U.S. Treasury launches access to $350 billion in state/local COVID-19 aid
President Ilham Aliyev receives delegation led by Russian foreign minister (PHOTO)
Global COVID-19 cases, deaths reach plateau - WHO
Electric, hybrid car sales in Turkey surge over 200% in 4 months
Georgian, North Macedonian Presidents sign visa-free agreement
Second component of Sputnik V vaccine delivered to Kyrgyzstan
Iran produces oil-based ozone generator
India COVID cases hold close to record highs as calls widen for national lockdown
USAID’s focus to remain on modernization of energy sector in Kazakhstan
China-made meteorological satellite for dawn-dusk orbit passes review
Saudi Arabia's GDP contracts 3.3% in Q1 on oil output, non-oil economy recovers
Azerbaijan purchasing new equipment to speed up mine clearance on liberated lands (VIDEO)
Iran's Energy Exchange announces products to be on sale on May 11
Weekly review of Azerbaijani precious metals market
Activities in Iran’s Khorramshahr port climb
Iran’s Bahar Azadi gold coin price continues to increase
New facility to be put into operation in Iran’s electricity sector
Iran boosts production, export of greens and vegetables
Azerbaijan shares data on number of vaccinated citizens for May 10
Iran's ICOFC to develop two gas fields
National leader Heydar Aliyev`s 98th anniversary marked at parliament (PHOTO)
Program of Russian FM's visit to Azerbaijan unveiled
Azerbaijan confirms 371 more COVID-19 cases, 892 recoveries
Public reps of Azerbaijan paying tribute to late National Leader Heydar Aliyev (PHOTO)
Mine-clearing operations begin in Azerbaijan's liberated villages
Iran talks IAEA monitoring cameras at nuclear sites
Presidents of Russia, Azerbaijan hold phone conversation
Int'l organizations notified about Armenia's crimes against Azerbaijani civilians - Azerbaijan's prosecutor general
Criminal cases against Armenian terrorists who fought in Karabakh nearing completion - Prosecutor General of Azerbaijan
Uzbekistan eyes ratifying two more conventions of International Labor Organization
Uzbek mining and metallurgical complex exceeds export plan by half
Cargo movements in Iran’s Imam Khomeini port up
Iran reveals details of saffron exports
Various results achieved in Vienna every day – Iran’s MFA
Oil gains after cyberattack forces shutdown of U.S. fuel pipelines
Heydar Aliyev saved independent Azerbaijan from disappearing from political map - Russian expert
Iran, Saudi Arabia conduct both bilateral, regional talks – Iran's MFA
Registration of presidential candidates starts in Iran
Volume of loaded, unloaded cargo in Iranian ports grows
President Ilham Aliyev ends visit to Nakhchivan Autonomous Republic (PHOTO)
Uzbekistan notes significant increase in bank cash turnover in 4M2021
Uzbekneftegaz reveals indicators of oil and gas production and processing in 4M2021
Uzbekistan and France sign cooperation program
Uzbekistan Helicopters LLC opens tender for refueling vehicle
Political will of Heydar Aliyev bearing fruit - colonel general
Carbon price to rise, as governments pursue deeper decarbonisation strategies
Iran expects to increase vaccination
President Ilham Aliyev interviewed by Azerbaijan Television (PHOTO)
Death toll from COVID-19 exceeds 75,000 people
Number of confirmed coronavirus cases in Russia rises by 8,465 per day
President Ilham Aliyev views Ordubad railway station (PHOTO)
President Aliyev attends launch of project for reconstruction of drinking water supply, sewerage systems in Ordubad (PHOTO)
President Ilham Aliyev views construction of Ordubad Hydroelectric Power Plant (PHOTO)
ERIELL to work on wells at field in Uzbekistan’s Karakalpakstan
First Vice President of Azerbaijan shares publication on occasion of 98th anniversary of birth of National Leader Heydar Aliyev
President Ilham Aliyev attends inauguration of Julfa-Ordubad highway (PHOTO)
Uzbekistan’s 1Q2021 tomatoes export revealed
Turkey sees increase in cement exports to Azerbaijan
Kazakhstan-Israel trade plummets y-o-y
Uzbekistan to connect number of small industrial zones to utility networks
Weekly review of Azerbaijani currency market
ACG oil transshipment from Ceyhan terminal exceeds 70 mb YTD
EBRD, EIB, Proparco to fund construction of solar power plant in Uzbekistan’s Samarkand
President Ilham Aliyev attends opening of Artificial Insemination Center in Nakhchivan (PHOTO)
Azerbaijan creating 'green' energy zone in liberated Karabakh
President Ilham Aliyev attends opening of Nakhchivan Garrison Central Hospital (PHOTO)
President Ilham Aliyev attended inauguration of Nakhchivan branch of “Azerkhalcha” OJSC (PHOTO)
Weekly review of Azerbaijani oil market
Bank of Israel cuts government bond purchases
President Ilham Aliyev viewed construction of “ASAN xidmət” Center in Nakhchivan (PHOTO)
Turkey's 4M2021 steel exports to Turkmenistan shrink
Armenian Parliament to reconsider issue of electing new prime minister
Iran increases sturgeon farming
World's largest cargo plane with UK Covid aid takes off for India
President Ilham Aliyev visits statue of national leader Heydar Aliyev in Nakhchivan (PHOTO)
India to recruit 400 retired medical officers of AMC, SSC; Defence Ministry issues orders
Iran eyes to expand ties Turkmenistan
Azerbaijani president visits graves of martyrs of Patriotic War at Nakhchivan city cemetery (PHOTO)
Indian-Led Ground-Breaking Cancer Test Hopes To Launch This Year
President Aliyev attends opening of military aerodrome of Special Combined Arms Army (PHOTO)
Iran to renovate public transport fleet
Iranian water and electricity companies to enter EAEU market
Artists of Int'l Arts Festival create 'Kharybulbul' model in Azerbaijan's liberated lands (PHOTO)
Indian and Indonesian navies carry out military drill in southern Arabian Sea
President Aliyev attends presentation of new runway at Nakhchivan International Airport (PHOTO)
Iran continues investments for dev't of postal network
Iran, Serbia to expand ties by preferential trade agreement
Iran to inaugurate new national housing units
Iran's NIGTC announces tender for intelligent pipes
Iran to return to its full oil production capacity by early 2023, says JP Morgan
India, EU hold virtual summit to boost overall ties
Stand Firmly With India In This Challenging Time: European Commission Chief
JP Morgan expects global oil demand to surge over summer
President Ilham Aliyev arrives in Nakhchivan Autonomous Republic for visit (PHOTO)
UK PM Johnson to announce next phase of COVID lockdown easing
Over 170 million Covid-19 vaccine doses administered so far, says Indian government
Covid-19: Abu Dhabi temple's medical supplies, oxygen reach India
Iran allocates funds for flood control projects
Iranian currency rates for May 10
All news