12:52 - 11.03.2022

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March 11, Fineko/abc.az. AZN 1.339 bn were directed for fixed assets in Azerbaijan over Jan-Feb 2022 (2.1% less than for Jan-Feb 2021), ABC.AZ was informed at the State Statistics Committee.

Investments in the oil & gas sector decreased by 11.2% and in the non-oil & gas sector by 12.1% last year.

In the structure of investments, AZN 984.3 million (or 73.5%) accounted for the sphere of production, AZN 240.6 million (or 17.9%) for the sphere of services, AZN 114.8 million (or 8.6%) for the construction of residential buildings.

Of the funds directed for fixed assets, AZN 779.5 million (or 58.2%) accounted for domestic funds, AZN 815.9 million (or 60.9%) were directly spent on construction and installation works.

In the total volume of investments directed to fixed assets, the funds of institutions and organizations amounted to 75%, budget funds 10.4%, bank loans 0.5%, personal funds of the population 9.4%.