Foreign investment in fixed capital in Azerbaijan reached 2.4 billion manats in the first half of this year, up 18.2% from the same period last year, the Central Bank of Azerbaijan (CBA) reported.
The figures were published in the CBA’s semi-annual “Monetary Policy Review.” According to the report, foreign-sourced investment in fixed capital accounted for 25.8% of total investment, up 1 percentage point from a year earlier.
The review notes that total investment in fixed capital across the country reached 9 billion 295.2 million manats in the first half of this year. In real terms, that marks a 13.8% increase compared with the same period last year.
By sector, investment in oil and gas over the past year rose 34.3% to 3 billion 163.6 million manats. Investment in the non-oil and gas sector grew 5.5% to 6 billion 131.6 million manats.
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