Export of Azerbaijani investments reached $ 8 billion

Baku/28.02.14/Turan : In 2013, the volume of public and private investment in Azerbaijan abroad totaled $ 1.5 billion , which is 35.6 % more than in the previous year .

Over the past ten years the export of Azerbaijani investments reached $ 8 billion , the State Statistics Committee told Turan .

GCS also revealed the structure of investments in Azerbaijan's economy . Last year, investments amounted to 22 bn or $ 28 billion , increasing by 8.7%. The volume of investments used by the oil and gas sector was 5.6 billion manats ($ 7.2 billion ) . In the non-oil sector was 16,3 billion manats ($ 20.8 billion ) , which is 7% more than in 2012 .

The share of local sources account for 62.4% of foreign investors - 37.6 % of the investment .

According to the SSC , the bulk of investments (17 872.1 million manat) was directed to the development of fixed capital. Of these, 70.7% owned by the public sector. The remaining funds were used in the financial sector .

Over the past 10 years, the volume of investments in Azerbaijan's economy totaled 155.6 billion manat - estimated to State Statistics Committee . - 08D-
 

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