Rates of Putting Housing into Operation Falling
According to the State Statistics Committee, by 1 August 888.7 thousand sq. meters of housing was commissioned (minus 14.5% against January-July last year - 1 million 39.2 thousand square meters).
At the end of seven months June is considered to be the best (213.7 thousand sq. m).
Apparently, by the end of the year last year's result (1 million. 927.2 thousand square m) will not be achieved, as well as the final figure for 2014 (1 million 978.3 thousand sq. m), or the figure for 2013 (2 million 138.8 thousand sq. m), not to mention earlier periods, when the peak activity was recorded in this segment of the economy. --17D-
Economics
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Last year, Azerbaijan's exports fell sharply. In 2024, the country's exports amounted to $26.55 billion, while imports stood at $21.06 billion. The positive trade balance was $5.50 billion, according to the State Customs Committee (SCC).
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The final investment decision (FID) for the construction of the Shafag Solar Power Plant (SPP), based on a feasibility study, is expected in 2025, BP Vice President for the Caspian Region Bakhtiyar Aslanbayli told journalists on Friday.
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BP Plc plans to start gas production from the deep gas reservoirs of the Azeri-Chirag-Gunashli (ACG) block by the end of 2025, BP-Azerbaijan's head of press service, Tamam Bayatly, told reporters.
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In a strategic move to bolster innovation and technological advancement, Azerbaijan’s İRİA (Innovation and Digital Development Agency) and Israel Aerospace Industries (IAI) have signed a Memorandum of Understanding (MoU). The agreement aims to deepen economic, industrial, scientific, and technological collaboration between the two countries.
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