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Foreign investments in Azerbaijan grew by 10%

Business Materials 16 November 2005 18:06 (UTC +04:00)

According to preliminary data, the volume of foreign investments in the Azerbaijan’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.

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