According to the Azerbaijani State Statistics Committee, around 4.291 billion manat was invested from all financial sources in the development of the economic and social areas of Azerbaijan in January-April 2016 or by 11.9 percent less than in the same period of 2015.
Around 1.414 billion manat was invested from all financial sources in the development of the economic and social areas of Azerbaijan in April 2016 or by 13.53 percent less than in the same period of 2015.
The main sources of investments in January-April 2016 are as follows:
- funds of enterprises and organizations - 3.537 billion manat (a 22.9 percent decrease compared to January-April 2015;
- budgetary funds - 275.8 million manat (a 75.2 percent decrease);
- off-budgetary funds -26.2 million manat (a 75.6 percent decrease);
- bank loans - 330.3 million manat (a 16.1 percent growth);
- funds of population - 119.2 million manat (a 18.0 percent decrease)
The investments made in the country's economy decreased in January-April 2016 through all sources of financing, except for the bank loans.
The investments from the state budget have decreased by 75.2 percent due to the saving of state funds since early 2016.
According to the State Statistics Committee's report, the private businesses and organizations invested 81.4 percent of total investments in the fixed capital, but the state businesses and organizations - 18.6 percent.
The investments in construction and installation work for the period amounted to 69.5 percent of the total investments.
The investments worth 3.725 billion manat were made in the construction of production facilities, 405.7 million manat (9.5 percent) in the non-production facilities, housing construction - 160.9 million manat (3.7 percent).
Some 1.246 billion manat (29.1 percent) of the funds invested in the fixed capital were directed in the development of the non-oil sector. Some 3.045 billion manat (70.9 percent) were invested in the country's oil sector.
The total investments in the Azerbaijani industrial sector amounted to 3.199 billion manat or by 10.8 percent less compared to January-April 2015.
The investments in extractive industry totaled 3.036 billion manat or by 5.3 percent less than in January-April 2015.
The investments in production, distribution and supply of electricity, gas and heat amounted to 43.6 million manat in January-April, which is 8.3 percent less than in the same period of 2015.
Some 32.2 percent of the total investments accounted for the domestic investments.
Investment indices in January-April 2016:
(Source: State Statistics Committee and calculations by Trend")
|
Amount in mln manat |
Specific weight in percent |
|
|
Investments in total |
4291,3 |
100,0 |
|
Foreign investments |
2911,0 |
67,8 |
|
Domestic investments |
1380,3 |
32,2 |
The total amount of foreign investments in Azerbaijan's economy amounted to 2.911 billion manat in January-April 2016 or by 41.95 percent more compared to January-April 2015.
An increase in foreign investments is a positive factor and points to the fact that an attractive country, Azerbaijan is a potential for foreign investors.
Around 86.1 percent (2.508 billion manat) of investments in Azerbaijan's economy made by foreign countries and international organisations fell to investors from the UK, Russia, Malaysia, Turkey, Sweden, US and Iran in January-April 2016.
The UK is Azerbaijan's largest investor. Currently, 473 companies with the British capital are operating in the country. The UK companies act as contractors in the projects being implemented in Azerbaijan. Azerbaijan and the UK successfully cooperate in various sectors of the economy, namely, banking, ICT, water supply, tourism, health care.
The largest amount of foreign investments in Azerbaijan's fixed capital in January-April was invested in April - 935.1 million manat, while the smallest amount in February - 611.7 million manat.
The largest share of foreign investments in total investments made in fixed assets in Azerbaijan in January-April was registered in January - 71.5 percent of total investments made in fixed capital. The smallest amount was registered in February - 64.1 percent.