About AZN 8 billion have been invested in Azerbaijan's economy

 

In January-June 2024, AZN 7 billion 984.8 million or 9.4% more in comparision with corresponding period of the previous year were invested in the fixed capital in Azerbaijan, Paralel.Az-Economics reports citing the State Statistics Committee.

According to the information, the volume of investments in the oil and gas sector increased by 4.5%, and the volume of investments directed to the non-oil and gas sector increased by 12.%. AZN 4,373.2 million or 54.8% of the used investment were spent on production areas, AZN 2,747.3 million (34.4%) were spent on service areas, and AZN 864.3 million (10.8 %) were spent on the construction of residential houses. Domestic investments accounted for AZN 6452 million or 80.8 % of the investments directed to the fixed capital. AZN 5,513.4 million or 69 % of the investments directed to the fixed capital were spent directly on the implementation of construction and installation works.

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