AZ

French investments in Azerbaijan's economy increased 7-Fold - List of countries


In the first half of this year, foreign direct investment in the economy of Azerbaijan amounted to 2 billion 978 million 189 thousand dollars.
Yeniavaz.com
reports with reference to published official data, foreign direct investment decreased by 1 million 337 thousand dollars compared to the same period last year.
In the first half of this year, the UK accounted for 30.7% of foreign direct investment ($913.3 million).
The top 10 countries investing the most in the economy of Azerbaijan were as follows:
Great Britain - 30.7% ($913.3 million);
Turkey - 20.3% ($622.5 million);
Cyprus - 12.5% ​​($372.9 million);
United Arab Emirates - 7.9% ($236.5 million);
Iran - 6.2% ($184 million);
Japan - 4.2% ($124.2 million);
Hungary - 3.1% ($92.2 million);
Norway - 2.4% ($70.7 million);
USA - 2.2% ($64 million);
Russia - 2.1% ($62.8 million).
It should also be noted that compared to the same period last year, the sharpest decline was recorded in Russian and Dutch investments. In the first half of last year, Russia invested $245.9 million in the economy of Azerbaijan, but in the first half of this year they decreased by 4 times to $62.8 million. If in the first half of last year the Netherlands invested $99 million in the economy of Azerbaijan, then in the first half of this year this figure decreased almost 5 times - to $20.5 million.
Such European countries as France, Spain, Luxembourg, Italy, Finland and Poland are among the countries increasing investments in the economy of Azerbaijan. Compared to the first half of last year, France's investments in the economy of Azerbaijan in the first half of this year increased 7 times and amounted to 7 million dollars.

Elnur Ali
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