Resources directed to fixed assets
On January-March 2018 resources amounted to 1456.2 million manats or 50.8% of 2869.2 million manats directed to fixed assets from all financial sources for development of economic and social sectors of the country were spent to non-oil sector and volume of investments in this sector compared to the same period of the previous year increased by 41.2%. 74.7% of total investments were directly spent for implementation of construction-installation works, 75.8% of used resources were per the share of product output objects, 18.2% - facilities on service fields and 6.0% to the construction of dwelling houses with total area of 383.2 thousand square meters. Resources directed to fixed assets from internal sources made 51.7% of total investments.
Allocations of enterprises and organizations in total value of investments directed to fixed assets made 60.4%, bank credits – 13.7%, budget resources – 19.4%, population own funds – 5.4% extra-budgetary funds – 0.6% and other funds – 0.5%.
On January-March 2018 "Yasamal-1" and "Gobu" electrical substations with 110/35/10 kilovolt and No 120 electrical substation with 35/10-6 kilovolt, administrative building of Baku City Statistical Office, Bona Dea International Hospital in Baku city, two enterprises on yarn production of "Mingachevir Textile" LLC in Mingachevir Industrial Park in Mingachevir, "Khazar" automobile plant in Neftchala Industrial District in Neftchala region, as well as 2 general educational school buildings with 442 seats and outpatient clinic with 15 receptions per shift in Nakhchivan Autonomous Republic and etc. objects were put into operation.
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