Construction spending raised in Azerbaijan last month

Baku: Aynur Aliyeva; In the first quarter of 2014, along with different spheres of the economy, construction sphere also developed dynamically in Azerbaijan. AZN 3.1 bln has been invested in main capital from all financial sources, up 7% by contrast to a year earlier.

State Statistical Committee told APA-Economics that of this, 67.5% was formed from domestic sources. 70% of investment was used in production, 30% – in construction of service objects. State-owned entrepreneurs and organizations directed 49.5% of total investment.

SOURCE: AZERI PRESS NEWS AGENCY