UK keeps position as Azerbaijan’s largest investor
The total volume of foreign investments made in Azerbaijan's fixed capital in January 2014 stood at 216.4 million manats, which is 1.14 percent less than figures for the same period of 2013, the State Statistics Committee reported.
The committee said in January 2014 some 83.2 percent (180 million manat) of investments, put into fixed capital by foreign countries and international organizations, accounted for investors from the UK, the U.S., Japan, Norway, Turkey and Czech Republic.
The United Kingdom maintains its leading position; its share in the total foreign investments in Azerbaijan amounted to 34.7 percent, and the size of the investments stood at 75.09 billion manats.
Over this period the Czech investments in Azerbaijan's economy amounted to 32.3 million manats (with specific weight of 14.9 percent), Turkish investments - 19.81 million manats (9.2 percent), the U.S. investments - 19.35 million manats (8.9 percent), Japanese investments - 18.78 million manats (8.7 percent), and Norwegian investments - 14.7 million manats (6.8 percent).
Among the international financial institutions the largest volume of investments was allocated by the World Bank (WB) - 19.44 million manats with a specific weight of nine percent.
The Asian Development Bank (ADB) allocated 16.9 million manats (7.8 percent) to projects in Azerbaijan in January.
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