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Construction operations in Azerbaijan jumped over 20% in Q1

Business Materials 15 April 2006 11:51 (UTC +04:00)

Construction operations in Azerbaijan amounted AZN 414.8mln in January-March, up 20.1% from those of 2005. Trend reports with reference to State Statistics Committee the share of state enterprises in this amount is AZN 54.2mln (13,1%) and share of private-owned companies AZN 360.6mln (86.9%).

From the total amount of construction operations: 80.3% or AZN 333.3mln are newly built structures, 12% or AZN 49.7mln are for overhaul, 4% or AZN 16.5mln for current repairs and 3.7% or AZN 15.3ml for other construction operations.

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