15:05 - 12.12.2024

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December 12, Fineko/abc.az. Capital investments in fixed assets in Azerbaijan for Jan-Nov 2024 amounted to 15.9 bn manats (3.8% less against Jan-Nov 2023).

ABC.AZ reports with reference to the State Statistics Committee that capital investments in the oil & gas sector declined by 9% and in the non-oil/gas sector by 1.1%.

Over the reported term, 51.2% (8.138 bn manats) of investments were directed for the production sector, 35.3% (5.617 bn manats) for services, 13.5% (2.153 bn manats) for housing construction.

Of the total capital investments, 82.1% (13.66 bn manats) came from domestic investments. At that, 71.9% of the finances (11.434 bn manats) were allocated for construction and installation work.