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Foreign investment down 9%

25 June 2008 20:52 (UTC+04:00)
Foreign investment down 9%
Foreign investment made in Azerbaijan decreased almost 9% in January-May compared to the same period of last year, according to official sources. 968.5 million manats ($1.167bn) were invested in the country's economy in the first five months of 2008, or 8.8% down from 2007, the State Statistics Committee estimates.
Britain is the top investor in Azerbaijan, accounting for nearly half of the investment. It is followed by the United States, Japan and Turkey.

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