A quarter of fixed capital directed for service sector

17:15 - 16.11.2020


November 16, Fineko/abc.az. The State Statistics Committee informed that for Jan-Oct 2020 the finances directed for fixed assets amounted to AZN 11.54 bn.

For this period the investments in the oil & gas sector increased by 11.7%, while the amount of funds allocated to the non-oil sector decreased by 9.9%. Of the funds used, AZN 7.598 bn or 65.8% were spent on production, AZN 2.884 bn (25%) on services, AZN 1.57 bn (9.2%) on the construction of residential buildings.

 

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