(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 5. The volume of foreign
direct investment (FDI) attracted to the non-oil sector of
Azerbaijan over the past 5 years has exceeded $5 billion, the
Export and Investment Promotion Agency of Azerbaijan (AZPROMO) told
trend .
The share of foreign direct investment allocated to this sector
in the total volume of foreign direct investment amounted to 21.2
percent.
Moreover, according to the Central Bank of Azerbaijan, from
January through March 2022, FDI in Azerbaijan grew by 28.6 percent
to $1.8 billion compared to the same period of last year. The total
amount of foreign investments in the non-oil sector amounted to
$735.2 million with an increase of 4.9 times over the year.
The total foreign direct investment (FDI) in Azerbaijan's
non-oil sector amounted to $11.1 billion in 2012-2021.
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