Azerbaijan Identifies Highest-Caliber Investors Into Nation
Date
12/3/2024 6:06:57 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, December 3. Azerbaijan has
managed to reel in investments amounting to 2.1 billion manat
($1.2) from foreign sources into its fixed capital during the first
nine months of 2024.
Data obtained by Trend from the Monetary Policy Review published by the
Central bank of Azerbaijan shows that a staggering 95.9 percent of
the investments poured into the country's fixed capital during this
stretch were from investors hailing from the United Kingdom, the
United States, Switzerland, Türkiye, Japan, Russia, Norway, Iran,
India, the UAE, Kyrgyzstan, and France.
"Azerbaijan continued to experience an influx of investment in
fixed capital from foreign companies and organizations throughout
the first nine months of 2024.
The State Statistical Committee's data shows that 16.8 percent
of the total value of investments, or 2.1 billion manat [$1.2],
came from external financing sources.
The list of countries from which investments came reflects
strong interest in Azerbaijan's economy from both traditional trade
partners and investors from other regions globally. This indicates
a deeper integration of Azerbaijan's economy into the global
economy," the report reads.
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