Nearly AZN 2 031.7mln was invested in the economy of Azerbaijan over the period of January and April 2008, an increase of 21.6% from the figures of the last year.
According to the State Statistics Committee, in January to April 2008 a total of 947.4mln manats (46.6% of all investments) has been invested by the private enterprises, and AZN 1084.3mln (53.4%) by Public enterprises.
The investments for the repair and construction works amounted to AZN 1155.2mln, an increase of 35.1%. AZN 1672.2mln (82.3%) have been invested in the construction of the production facilities and AZN 359.5mln (17.7%) - non-production facilities.
AZN 1076.4mln was allocated for the oil sector (53%) and AZN 955.3mln (47%) - non-oil sector. The investments for the non-oil sector increased by 74.3% as compared to the same period of 2007.
Of the investments allocated in January to April, some 53.9% was invested in development of industry spheres, 2.4% - agriculture, 0.2% - trade and services, 23.3% -transport, 2.2% - communications, 6% - construction of buildings, 1.2% - education, 2.2% - health care and 8.6% - other spheres.
Some AZN 641.8mln (22.7% of investments for 2008) was invested in the construction of the facilities being financed by Public budget.
Major sources of investing were funds of enterprises (AZN 1129.9mln, 55.6% of gross investments), banking credits (AZN 63.4mln, 3.1%), community funds (AZN 57.1mln, 2.8%), budget funds (AZN 667.4mln, 32.9%), non-budgetary funds (AZN 113.3, 5.6%) and others (AZN 0.6mln).
The foreign investment totaled AZN 772.6mln, with 38% specific weight. Some 62% of the investments fell on the internal resources.
Investment indices in January-April 2008
Source: State Statistics Committee and calculation by Trend
| Amount in mln manats (AZN) | Special weight, % | |
| Investments in total | 2 031,7 | 100,0 |
| Foreign investments | 772,6 | 38 |
| Internal investments | 1259,1 | 62 |
The highest specific weight of the investment falls on Great Britain, which totals 46.5%, but its investments decreased by 5.2% as compared to the last year and made up AZN 359.359mln.
Some 96.3% (AZN 743.4mln) out of the investments by the foreign countries and international organizations into the economy of Azerbaijan falls on Great Britain, the USA, Japan, Norway, Turkey and South Korea.
The U.S. investments decreased by 14.6% and made up AZN 169.009mln (with 21.9% specific weight), Japanese - 15.9% and AZN 88.407mln (11.4%), Norwegian - 11.6% and AZN 55.426mln (7.2%), Turkish - 15.6% and AZN 32.048mln (5.6%), French - 5.3 times and AZN 6.181mln (0.8%), Russia - 2.9 times and AZN 1.863mln (0.2%).
Of the international financial institutions, the highest amount of the investments fell on the World Bank totaling AZN 10.899mln, an increase of 53.1% (with 1.4% specific weight).
This year Asian Development Bank allocated AZN 2.656mln (0.3%) for the realization of projects in Azerbaijan, a decrease of 62.8%, Kuwait Fund for Economic Development - AZN 1.726mln (0.2%) or 44.9% more and Islamic Development Bank - AZN 2.258mln (0.3), an increase of 160.1 times.