Volume of Capital Investments in Local Housing Construction Reduced
On December 1, investment in local housing construction reduced - in January-November this segment was invested 914 million manats (minus 13% from the same period last year).
According to the State Statistics Committee, the figure is 6.3% of all capital investments in the economy. The total area of housing put into operation in the reporting period amounted to 1 million 634.1 thousand square meters (minus 9.5%).
Recall, last year there was put 1,978.3 thousand sq. m of housing area (minus 7.5% in 2013). --17D-
Economics
-
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.
-
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.
-
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.
-
BP, on behalf of its partners in the Azeri-Chirag-Gunashli (ACG), Baku-Tbilisi-Ceyhan (BTC), Shah Deniz, and South Caucasus Pipeline projects—including SOCAR, TPAO, LUKOIL, SGC, NICO, MOL, INPEX, ExxonMobil, ITOCHU, ONGC Videsh, Eni, MVM, and TotalEnergies—has announced the successful conclusion of the latest round of the "Skills for the Future" educational project, launched in 2023.
Leave a review