Foreign investments in Azerbaijan grew by 10%
According to preliminary data, the volume of foreign investments in the AzerbaijanвЂ™s economy grew by 10% by the results of the three quarters. Thus, their total volume for 2005 reached $3,3 billion AZM, the State Statistics Committee told Trend. 93,6% of the investment volumes are direct investments, 6,4% have been performed as loans.
As compared to the same period of the last year the growth of foreign investments into the oil and gas sector was 4,4%, the growth of the joint and foreign financial investments in the non-oil sector is 36,2%.
From the non-oil investments used 66,8% fall at industry, 14,2% - trade and services, 12,7% - construction, 3% - transport and communications.