Baku, Azerbaijan, May 18
By Anvar Mammadov – Trend:
Total volume of foreign investments in Azerbaijan’s fixed capital decreased by 1.03 percent and amounted to 2.88 billion manats in January-April 2017, as compared to the same period of 2016 (2.91 billion manats), according to a report of the State Statistics Committee.
During the reporting period, 86.6 percent (2.49 billion manats) of investments made by foreign countries and international organizations in Azerbaijan’s economy accounted for investors from the United Kingdom, Turkey, Malaysia, Switzerland, Russia, Iran, Japan and the United States.
In the reporting period, the largest volume of foreign investments in Azerbaijan’s fixed capital accounted for April – 770.2 million manats, and the lowest volume – for January (654.1 million manats).
The largest volume of foreign investments in total investments made in fixed assets in Azerbaijan accounted for January - 68.5 percent of total investments in fixed assets in January-April, while the lowest volume accounted for April - 57 percent.
(1.7022 manats = $1 on May 18)