Investments to construction made AZN 1.6 bln within five months in Azerbaijan

Day.Az reports with reference to the State Statistical Committee that investments to the main capital by nongovernmental enterprises made AZN 1,199.7 mln (44.5%), state ones AZN 1,496.2 mln (55.5%).

Through the first five months of this year AZN 1,488.9 mln (55.2%) of investments to major capital were spent on oil sector development and AZN 1,207 mln (44.8%) on non-oil sector. Investments to the non-oil sector have risen 70% as compared to the same period of the last year.

Investments to construction rose 35.5% to AZN 1,551.2 mln as compared to the same period of the last year.

AZN 2,154.4 mln were used for construction of industrial establishments, AZN 541.5 mln for non-producing ones.

For financing of construction the state budget envisions AZN 4,326.3 mln and AZN 898.2 mln (20.8%) were used through the first five months. Construction makes 3/4 of the investments.

The structure of investments is as follows:

- investments of enterprises and organizations – AZN 1, 447.5 mln (53.7% of all investments);
- banking credits - AZN 70 mln (2.6%),
- budget funds – AZN 94.6 mln (35.1%),
- off-budget funds – AZN 167 mln (6.2%),
- personal funds of population – AZN 64 mln (2.3%),
- other assets – AZN 1.8 mln (0.1%).

The structure of investment expenses is as follows:

- industrial sector – 52.4%,
- agriculture – 2.7%,
- services and trade - 0.2%,
- транспорт – 21.8%,
- transport – 2.4%,
- house construction - 5.9%,
- public health – 2.6%,
- education -1.9%,
- other spheres – 10.1%.

Share of foreign capital in all investments made 35.9% and local -64.1% (up 49.9% as compared to the same period of the last year).

/Day.Az/