12:38 - 10.07.2024

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July 10, Fineko/abc.az. Over Jan-Jun 2024, 7.98 billion manats were directed for fixed assets in Azerbaijan, or 9.4% more against Jan-Jun 2023.

ABC.AZ reports with reference to the State Statistics Committee that investments in the oil & gas sector grew by 4.5% and in the non-oil/gas sector by 12.6%.

Of the investments used, 4.37 billion manats, or 54.8%, were spent in the field of production, 2.747 billion manats, or 34.4%, in the service sector, and 864.3 million manats, or 10.8%, on the construction of residential buildings.

Of the investments directed for fixed assets, domestic investments amounted to 6.452 billion manats or 80.8%,  and 5.513 billion manats or 69% were directly spent on construction and installation works.