Foreign investment down
The influx of foreign investment to Azerbaijan has
slowed down, official figures show.
Investments channeled into the national economy from foreign sources totaled $1.875 billion manats ($2.314 billion) in January-October, or 13.2% down from the same period of 2007, according to the State Statistics Committee.
British companies remained the top investors in the fast-growing South Caucasus republic, followed by the United States, Turkey, Japan, Norway, and Iran.
The interest of South Korean firms in Azerbaijan increased over the first ten months of 2008.
Investments by German companies increased about seven times.
Investments channeled into the national economy from foreign sources totaled $1.875 billion manats ($2.314 billion) in January-October, or 13.2% down from the same period of 2007, according to the State Statistics Committee.
British companies remained the top investors in the fast-growing South Caucasus republic, followed by the United States, Turkey, Japan, Norway, and Iran.
The interest of South Korean firms in Azerbaijan increased over the first ten months of 2008.
Investments by German companies increased about seven times.
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