BAKU, Azerbaijan, December 18. A total of 15.9 billion manat ($9.3 billion) was directed to fixed capital in the period from January through November of this year, which is 3.8 percent less than in the same period of last year.
The data obtained by Trend from the country's State Statistics Committee shows that the volume of investments directed to the oil and gas sector decreased by nine percent, while the volume of investments directed to the non-oil and gas sector decreased by 1.1 percent.
Of the utilized investments, 8.1 billion manat ($4.7 billion), or 51.2 percent, was spent on product spheres; 5.6 billion manat ($3.2 billion) (35.3 percent) on service spheres; and 2.1 billion manat ($1.2 billion) (13.5 percent) on the construction of residential houses. Of the investments directed to fixed capital, domestic investments amounted to 13 billion manat ($7.6 billion) or 82.1 percent.
Furthermore, out of the investments directed to fixed capital, 11.4 billion manat ($6.7 billion), or 71.9 percent, were spent directly on construction and installation works.
