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Foreign investments in Azerbaijan’s fixed capital up

Business Materials 22 February 2017 20:46 (UTC +04:00)

Baku, Azerbaijan, Feb. 22

By Anvar Mammadov – Trend:

Foreign investments in Azerbaijan’s fixed capital increased by 3.9 percent in January 2017 as compared to January 2016 and hit 654.1 million Azerbaijani manats, said a report issued by the country’s State Statistics Committee.

Some 97.5 percent (638 million manats) of foreign investments to Azerbaijan’s economy accounted for the investors from the UK, Turkey, Malaysia, Switzerland, Russia, Iran, the US, Norway and Japan.

(1.7447 manats = $1 as of Feb. 22)

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