Baku, Azerbaijan, June 22
By Anvar Mammadov – Trend:
Some 110,800 square meters of housing were commissioned in Azerbaijan in May 2016 compared to 134,250 square meters in May 2015, the Azerbaijani State Statistics Committee’s report as of Jan.-May 2016 said.
Over 554,500 square meters of housing have been commissioned in Azerbaijan since early 2016, that is, 23.4 percent less than in the same period of 2015.
Commissioned: |
Jan.-May 2016 |
Compared to Jan.-May 2015 (%) |
residential buildings, total area, thousand sq. m |
554,5 |
76,6 |
clubs |
420 |
150 |
secondary schools, number of educational facilities |
2 118 |
46,6 |
Funds directed to fixed capital, in mln manat |
5 388,8 |
66,9 |
Including: |
4 591,1 |
91,3 |
- for the construction of facilities in service sector |
601,5 |
27,8 |
Funds directed to fixed capital, in mln manat |
3 725,8 |
63 |
Some 69.6 percent of the total volume of construction work accounted for primary construction, reconstruction and expansion, 12.1 percent - overhaul, 2.7 percent - current repair and 15.6 percent - other construction work.
Some 88.1 percent of the total volume of construction work was carried out by non-state construction companies.
The average monthly salary in the state sector reached 519.5 manat (eight percent growth for the year), while in private sector – 961.8 manat (30.9 percent growth).
The official exchange rate is 1.527 AZN/USD June 22.
Around 89,700 people were involved in the Azerbaijani construction sector in January-April 2016. The average monthly salary in the construction sector amounted to 833,2 manat, which is 25.1 percent more than in the same period of 2015.
The amount of salaries in the area of building construction increased by 14.4 percent in January-April 2016, specialized construction - by 43.9 percent up to 1.732 manat compared to the same period of 2015.
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