State-owned and Private Enterprises Account for Equal Investments in Economy

In the economy of Azerbaijan in the framework of capital investments from January to November there was invested 13 219 800 000 manat (+ 0.6% against the end of October 2013).

According to the State Statistics Committee, in the total volume of capital investments for the period mentioned two-thirds (8 billion 857.9 million or 67%) were aimed at production facilities, the remaining 4 361 900 000 manat was invested in the construction of the service sector.

70% or 9 247 300 000 manat was domestic investment, while the remaining 30% or 3 972 500 000 manat was foreign investment.

In the oil sector there was invested 4 914.9 million manat (37.2%) and in the non-oil sector - 8 304 900 000 manat (62.8%).

By November 1, state enterprises and organizations made capital investments in the amount of 6 609 900 000 manat (50% of the total investments) - as much as private entities.

The distribution is as follows: enterprises and organizations - capital investments in the amount of 7 015 200 000 manat (+ 32.4% YoY), bank loans - 449.3 million manat (minus 31.4%), the budget - 4 962 800 000. manat (minus 20.6%), extra-budgetary funds - 289.4 million manat (minus 33.4%), public funds - 437.2 million manat (+ 17.1%). Other sources accounted for 65.9 million manat (minus 48.3%). --17D-