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Foreign investments in Azerbaijan’s fixed capital slightly down

Business Materials 18 January 2018 12:53 (UTC +04:00)

Baku, Azerbaijan, Jan. 18

By Anvar Mammadov – Trend:

The volume of foreign investments put in Azerbaijan’s fixed capital totaled 8.61 billion manats in 2017 that is by 2.9 percent less than in 2016 (8.87 billion manats), says the State Statistics Committee’s report on the results of 2017.

During the period, 82.3 percent (7.09 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 2017, the biggest volume of foreign investment in Azerbaijan’s fixed capital was put in July – 998.4 million manats, and the lowest – in September (584.4 million manats).

In 2017, the biggest share of foreign investments in Azerbaijan’s fixed capital was recorded in January – 68.5 percent of total volume of investments, and the smallest share – in December (37.5 percent).

(1.7001 AZN = 1 USD on Jan. 18)

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