Allocations directed to fixed assets
Allocation for 2876.8 million manat was directed to fixed assets from all financial sources for the development of economical and social sectors of the country on January-March 2016. 70.0% of used allocation were spent to construction activities. 87.9% of used allocation was spent to construction of production facilities, 7.7 % to the facilities on service fields, 4.4% to the construction of dwelling houses with total area 334.7 thousand square meter.
31.3% of allocations directed to fixed assets made up domestic investments.
In January-March, 2016 followings were put into operation: in Baku city - large-size transformer plant and “Yeni Agdag” gypsum plant, in Ganja city – “Nizami” electrical substation, in Tovuz region – Tovuzchay water reservoir, in Nakhchivan Autonomous Republic – 3 secondary school buildings for 618 students, in Zagatala region – 1 secondary school building for 140 students and in Mingachevir city- club with 140 places and etc.
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