BAKU, Azerbaijan, June 1
By Fidan Babayeva - Trend:
The total production of machinery and machinery equipment in Azerbaijan, as well as the services provided in this sector amounted to 88.2 million manat ($51.8 million) from January through March 2020, the country’s State Statistical Committee told Trend.
According to the committee, this indicator increased 2.1 times over the year.
From January through March 2020, production of machinery and machinery equipment in the country cumulatively amounted to 41.7 million manat ($24.5 million), said the committee.
In 2019, industrial enterprises and individual entrepreneurs engaged in this sector, manufactured products worth 46.7 billion manat ($27.4 billion).
The volume of production of machinery and machinery equipment in 2019 increased by one percent on an annualized basis.
(1 USD = 1.7 manat on June 1)