Non-oil capital investment

By December 1, capital investment in the local economy amounted to 14 billion 693,100,000 manat (+ 0.3% against January-November last year).

According to the State Statistics Committee, more than two thirds (67.2%, or AZN 9 billion. 870.9 million) of these funds are aimed at development of production, and the rest amount – AZN 4 billion 822,200,000 – at construction of facilities services. The share of foreign investment is 30% or 4 billion 400,600,000 manat.

In the oil sector in January-November 5 billion 424,100,000 manat was invested (36.9% of all capital investments), and the remaining 9.27 billion manat fell on the non-oil sector - mainly projects, the course of execution of which is difficult to verify. Indicative of this is the fact that 73.8% of investments fell on the construction and installation works - 10 billion 843,500,000 manat.

The share of enterprises and organizations, mainly public joint stock companies, amounted to $ 7 billion 628,300,000 manat (+ 28.4%), and the share of state budget funds was 5 billion 717,100,000 manat (minus 17.4%). Banking institutions invested 494.9 million manat (minus 34.3%), and extra-budgetary funds were 304.4 million manat (minus 38.3%). The share of the population was 482.2 million manat (+ 17.6%) and "other sources" were 66.2 million manat (minus 33.8%). --17D-