Industrial Rise in Azerbaijan Reaches 38%

January-October 2006, industrial goods production and delivery of services in Azerbaijan amounted to 11,707 bln manats, or 38% more than in 2005.

In this period intensive rise was observed in the extractive industry which reached 8,159bln manats, or 69.7% of whole industrial production, refining industry (3,065bln manats) 26.2%, electricity, gas and water sectors 4.1% (0,482bln manats).

The State Statistics Committee told Trend that production rise in production of extractive industry was 46.8%, refining industry 6.9%, electricity, gas and water sector 10.3%.

Production in the non-oil sector rose by 8.3%, including the chemical industry 12.5%, metallurgy 7.9%, production of food 4.5%, electric machines, optic and electric devices 19.9%, machinery 39.7%

The share of private sector in general industry was 76% - 8.9 bln manats.

The government forecasts 46.7% rise in the industrial production of 2006.