Share of Private Sector Investments in Non-oil Sector Accounts for Only 19 %

Investments in fixed assets in Azerbaijan for 10 months of this year amounted to over 13 billion manat, which is 16% more than in the comparable period of 2012. The share of the private sector accounts for only 19% of investments in non -oil sector of the economy, the State Statistics Committee told Turan .

In the non-oil economy since the beginning of the year was sent 9.1 billion manat , which is 10 % higher than the figure for the same period in 2012 . The scope of the non-oil industry has invested 1,890 million manat. This includes: the processing sector - 863.7 million manat ( 68.3 %) , the sector of the production, distribution and providing electricity, gas and steam - 287.7 million manat ( -8.5 %), and water supply and disposal waste - 872.1 million ( +71.3 %).

In the oil sector (3.9 billion manat) growth in investment was 35.8 %.

Total domestic sources account for 74.2 % of the investment, while public investment up 79.8 % of the domestic portfolio. The state budget used 6,229 mln for investment purposes and AZN 433 million for extra-budgetary state funds, which were directed mainly in the transport sector - 2.7 billion manat, education - 570 million manat, health and social services - 350 million manat, public administration, defense and social security - 857 million manat, etc.

The share of seven countries (the UK, the USA, Norway, Turkey, France, Japan and the Czech Republic) was 87,7 % ( 2.9 billion ) of foreign investment.

Housing construction, with the means of citizens taken into account, was invested about AZN 1 bn.

From the beginning, there was commissioned 1724 thousand square meters of housing, schools for 27 thousand of pupils , preschools for 1,751 seats , clubs for 864 places, hospitals for 1,050 beds, etc. -08D -