Foreign investments in Azerbaijan grew by 25.5% for Jan-May, including due to Gambia
Baku, Fineko/abc.az. This May’s foreign investments in the economy of Azerbaijan declined by 13.6% versus April and increased by 25.5% (year-on-year) for Jan-May 2012.
The State Customs Committee (SCC) informs that for Jan-May total foreign investments made up AZN 1.05 bn, including AZN 223.5 million in May. For 2011 total foreign investments made up AZN 2.515 bn, including AZN 320.9 million in December (last years best indicator).
In 2010 overall foreign investments reached AZN 2.405 bn, including AZN 571.1 million in December (the absolutely best indicator a month in 2009-11).
Over Jan-May 2012 the list of the leaders on external investments in national economy did not change. The Great Britain with investments for AZN 492.7 million provided 46.8% of their volume.
The US invested AZN 187.1 million or 17.8% of foreign investments, Japan AZN 121.979 million (11.6%), Norway AZN 67.246 million (6.4%), Turkey AZN 53.1 million (5%), Czech Republic - AZN 37.59 million (3.6%), France AZN 24.67 million (2.3%).
For the first time Gambia has started investing in Azerbaijan and has already made investments for AZN 846,000 (0.1% of all investments).
Major investments were carried out by the World Bank (AZN 35.506 million or 3.4% of all investments) and the Asian Development Bank (AZN 22.738 million or 2.2%).
Tags: foreign investments
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