Azerbaijan, Baku, Aug. 16 / Trend E. Aliyev /
In January - July 2013, 8.8 billion manat was invested in the development of economic and social spheres from all financial sources in Azerbaijan, which is 23.3 percent more than during same period in 2012, according to the report of the State Statistics Committee of Azerbaijan.
According to the State Statistics Committee, the volume of investment in construction works has increased by 37.9 percent, reaching 5.833 billion manat (66.3 percent of the total volume). 4.6 billion manat was invested in the construction of production facilities, while 4.2 billion manat accounted for non-production facilities.
74.7 percent of the total investment accounted for domestic investment, which in the course of the year rose by 17.3 percent. Major share of domestic investment (79.2 percent) accounted for government enterprises and organizations, and 20.8 percent - for private enterprises.
3.657 billion (41.6 percent of total investments) was invested in fixed assets at the expense of enterprises and organizations, 446.9 million manat (5.1 percent) - bank loans, 4.123 billion manat ( 46.9 percent) - budgetary funds, 324.3 million manat (3.7 percent) - non-budgetary funds, 225 million manat (2.5 percent) - personal funds of the population and 21.5 million manat (0.2 percent) - other funds.
69.9 percent (6154.7 million manat) of investment in fixed capital focused on the development of non-oil sector, while 2.644 billion manat (30.1 percent) was invested in the oil sector. Capital investments in the non-oil sector grew by 19.6 percent, while in the oil sector - by 33.1 percent.
According to the report, 45 percent of the investment accounted for the industrial sector, 19.7 percent - transport and warehousing, 4.2 percent - agriculture, 7.8 percent - real estate transactions (of which 7.7 percent - housing ), 7.3 percent - state management, 3.4 percent - health care, 3.1 percent - sports, entertainment and the arts, 2.8 percent - construction, one percent - communication and information, 2.9 percent - education, 0.9 percent - provision of administrative and support services, 0.8 percent - trade, 0.6 percent - tourist accommodation and catering, 0.1 percent - financial, insurance, professional, technical and scientific activities.
The official exchange rate on August 16 is 0.7845 AZN / USD.