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Building material production increases in Azerbaijan

Business Materials 15 August 2014 16:05 (UTC +04:00)

Baku, Azerbaijan, Aug. 15

By Huseyn Valiyev - Trend:

The companies, engaged in the production of building materials in Azerbaijan, produced building materials worth 249.2 million manat in January-July 2014, which is 22.6 percent more than in the same period of last year, according to the report of the Azerbaijani State Statistics Committee as of the first seven months.

During the period Azerbaijan produced about 1.66 million tons of cement (42.1 percent growth compared to the same period of last year), 63,800 tons of construction gypsum (a 46.1 percent decrease), more than one million tons of ready-mixed concrete (a 26.6 percent growth), 172,900 tons of asphalt (a 20 percent decrease), according to the report.

Main indices of construction sector in Azerbaijan:

Jan.-July 2014

Compared to Jan.-July 2013 (percent)

Commissioned: residential buildings, total area, thousand sq. m

986,5

83,5

Hospitals

200

-

Secondary schools, educational facilities

3300

59,4

Pre-school educational institutions, facilities

672

86,5

Funds directed to fixed capital, in mln manat

9075,5

103

Including:
- for the construction of production facilities

6140,7

118,6

- for the construction of facilities in service sector

2934,8

80,8

- for construction and installation work

6596,7

113

The official exchange rate is 0.7842 AZN/USD on Aug. 15.

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