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Foreign investments in Azerbaijan’s fixed capital increase by over 40%

Business Materials 22 January 2016 14:07 (UTC +04:00)

Baku, Azerbaijan, Jan. 22
By Anvar Mammadov - Trend:

The total volume of foreign investments made in Azerbaijan's fixed capital in 2015 hit 7.02 billion manat, or 43.85 percent more than in 2014, the Azerbaijani State Statistics Committee said in its report as of 2015.

Some 88.1 percent (6.18 billion manat) of the investments made in Azerbaijan's economy by other countries and international organizations in 2015 accounted for the investors from the UK, Turkey, Norway, Sweden, Russia, Iran, Malaysia, the US and Japan.

Most of foreign investments in fixed capital of Azerbaijan was made in December - 792.1 million manat, while the least - in February (387.7 million manat).

The largest share of foreign investments in total investments made in Azerbaijani fixed assets for 2015 was registered in January - 62 percent of total investments in fixed capital. The smallest share was observed in April - 35.6 percent.

The official exchange rate is 1.6028 AZN/USD Jan. 22.

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