home . news & publications . Investment News . Private Investment in Azerbaijan up 15.2 pct in Jan-Nov yr/yr

Private Investment in Azerbaijan up 15.2 pct in Jan-Nov yr/yr

Private sector investments in oil-producing Azerbaijan rose 15.2 percent in January-November from a year earlier to 7.7 billion manats , the State Statistics Committee said on Tuesday.

More than half of that investment, or 5.9 billion manats, was by domestic companies and 5.2 billion manats of total investment in January-November went into non-oil sectors.

Azerbaijan expects private sector investment to total 10.5 billion manats in 2010, up from 7.46 billion manats in 2009.

Source: Yahoo News

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