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Foreign investments in Azerbaijan’s fixed capital increase

Business Materials 20 November 2017 12:43 (UTC +04:00)

Baku, Azerbaijan, Nov. 20

By Anvar Mammadov – Trend:

The volume of foreign investments put in Azerbaijan’s fixed capital totaled 7.28 billion manats in January-October 2017, which is by 3.7 percent more than in the same period of 2016 (7.02 billion manats), says the State Statistics Committee’s report on the results of ten months of 2017.

During the period, 84.4 percent (6.14 billion manats) of investments put in Azerbaijan’s economy accounted for investors from the UK, Turkey, Malaysia, Switzerland, Russia, Iran, the US, Japan and the Czech Republic.

In January-October 2017, the biggest volume of foreign investments in Azerbaijan’s fixed capital was put in January – 68.5 percent of total volume of investments, and the smallest volume – in October (46.5 percent).

(1.7002 manats = 1 USD on Nov. 20)

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