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Construction Increases 28% in Azerbaijan Over Last Year

As of early December 2012, construction volume in Azerbaijan increased by 28.6 percent compared to the same period last year, according to a report of the Azerbaijani State Statistics Committee.

In particular, the volume of construction work carried out by state-owned companies hit 24.8 percent of the total amount of work, while private companies accounted for 75.2 percent.

Around 73 percent of the total volume of construction operations fell to new construction as well as reconstruction and expansion projects. Capital repairs accounted for 13.8 percent of volume.

Source: Trend

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