Foreign financial investments in Azerbaijan's economy in January-September 2014 amounted to 3 517 030 000 manat (4.3% as of 1 October of the previous year).
According to the SSC, the primacy of investment - for companies from the UK, has invested in the local economy almost one-third (1 131 872 400 manat or 32.2%) of all investments (3.7%). In second place - investment companies from Norway amounted to 640,019,200 manat (+ 78.9%).
The top three is closed by Turkish businessmen with 309,609,900 manat (+ 66.2%), followed by the United States - 294 483 500 manat (minus 16.1%), France - 225.593 million manat (an increase of 2.06 times).
Leader in the investment of international organizations by October 1 is the World Bank - 102 840 800 manat (minus 13.2%), Asian Development Bank - 51,194,700 manats (+ 36.8%). The rest of the international donors have not so many resources. --17D-
Economics
-
On January 30, Azerbaijani President Ilham Aliyev has signed a decree approving the State Program for the Improvement of Transport Infrastructure in Baku and Surrounding Areas for 2025-2030, aiming to modernize the capital’s urban mobility and reduce congestion, the presidential press service said on Tuesday.
-
Goldman Sachs has revised its oil price forecasts, raising its projections for Brent and Azeri Light crude by $2 per barrel for both 2025 and 2026, setting the estimate at $78 per barrel. The adjustment reflects expectations of tighter supply conditions driven by geopolitical risks, including U.S. sanctions affecting Russian oil production and potential future restrictions on Iranian crude exports.
-
Azerbaijan Railways (AZD) has launched rail transit shipments from Zira Port, located 45 kilometers east of Baku, strengthening the country's position as a logistics hub on the Middle Corridor.
-
Azerbaijan’s state-owned electricity producer, Azerenergy, is advancing the construction of six hydroelectric power plants (HPPs) in the Kalbajar and Lachin districts as part of the country’s efforts to expand its renewable energy capacity. The plants, with a combined capacity of 37.5 megawatts (MW), are expected to be commissioned in the first half of 2025, according to the company.
Leave a review