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Investment in Private Sector of Azerbaijan Reach 60% in January-July

Business Materials 15 August 2007 14:30 (UTC +04:00)
, / corr. I.Khalilova / Some AZN 3,318,007 was invested by enterprises and organizations for country's economic development for January-July 2007, which is by 11.3% more as compared the same period in 2006. State Statistic Committee of the country, has reported that private enterprises and organizations invested AZN 1,943,005 (58.6% from total investment) and to state property AZN 1,375,002 (41.4%).The volume of investment in construction sphere increased and made up AZN 1,764,008. Some AZN 2,766,003 (83.4%) was invested for construction in production direction and AZN 552,004 (16.6 %) in non-production facilities. The volume of foreign investments amounts to 47.2% and 52.8% of investment made up internal investment, which rose by 54.1%. Some AZN 593,006 was invested from the budget in construction of facilities. About AZN 1, 917,006 was invested in total budget in 2007. Some AZN 2,267,003 was invested into fixed capital by enterprises and organizations, bank credits -AZN 112,001 (3.4%), budget resources- AZN 639,005 (19.3%), means of non-budget funds -AZN 170.003 (5.1%), private resources of population-AZN 114,006 (3.5% ) and other resources- AZN 14.9mln (0.4$).
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