By Trend
The share of industrial sector in Azerbaijan’s non-oil exports
reached 52 percent in January-November 2018, Economy Minister
Shahin Mustafayev said Dec. 24 at the “Grand Construction:
Yesterday, Today and Tomorrow” conference in Baku, Trend
reports.
He said that over the past 15 years, two million new jobs have
been created in Azerbaijan, and 75 percent of them accounted for
districts.
“More than 70 residents of industrial parks invested over $5
billion in Azerbaijan’s economy,” he noted. “The share of the
private sector in GDP last year was 84 percent. Its share in the
employment was 76 percent. The total value of investments in the
country’s economy over the past 15 years reached $250 billion, half
of which accounts for foreign investments.”
Over 60 percent of investments accounted for the non-oil sector,
the minister said.
The value of Azerbaijan’s foreign trade during the period
increased 5.3 times and the value of non-oil trade grew 4.1 times,
he added.
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