Foreign investments in Azerbaijan’s fixed capital increase by half
Baku, Azerbaijan, July 21
By Anvar Mammadov - Trend:
The total volume of foreign investments made in Azerbaijan's fixed capital in January-July 2015 hit 3.87 billion manat, or 46 percent more than in the same period of 2014, the country's State Statistics Committee said in its report as of January-July 2015.
Some 86.1 percent (over 3.3 billion manat) of the investments made in Azerbaijan's economy by other countries and international organizations in January-July 2015 accounted for the investors from the UK, Turkey, Norway, Russia, Iran, Sweden, the US and Japan.
The UK remains the leader. Its share in the total volume of foreign investments for the period amounted to 31.8 percent, while investments hit 1.23 billion manat.
Turkey's investments since early 2015 totaled 548.6 million manat (14.1 percent), Norway - 407.9 million manat (10.5 percent), Russia and Iran - 261.72 million manat each (6.8 percent each), Sweden - 198.29 million manat (5.1 percent), the US - 226.2 million manat (5.8 percent) and Japan - 201.04 million manat (5.2 percent).
The official exchange rate is 1.0479 AZN/USD Aug. 21.
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