Allocations directed to fixed assets
Allocation for 14903.4 million manat was directed to fixed assets from all financial sources for the development of economical and social sectors of the country in 2016 and its 72.7% was spent for the execution of construction works. 79.8 % of used allocation was spent to construction of production facilities, 15.6 % to the facilities on service fields, 4.6% to the construction of dwelling houses with total area 1677.1 thousand square meter.
Volume of allocation directed to fixed assets from domestic funds formed 40.5% of total capital.
In 2016 followings were put into operation: in Baku city - large-size transformer plants and Agdagh gypsum and Oxygen plants, Avtovaghzal and Memar Ajami stations of new purple line of Baku Metro, accommodation and rehabilitation center for disabled people, “Nizami” electric substation in Ganja, Chess School in Sumgait, “Modern” furniture plant in Aghstafa, 9 enterprises and greenhouse complex in “Karvan-L EKO” industrial park, Musical Center, Bus terminal complex in Fuzuli, Yalama Agropark in Khachmaz, “İSMA BİKES” bicycle factory in Ismayilli, “Ismayilli-2” hydroelectric power station, “Dash Salahli” substation with 110/35/6 kV in Kazakh, storehouses for storage of agricultural products, “Qafqaz Tufandagh Mountain Resort” hotel in Gabala, a bridge on the Kura river in Salyan, Chess school for children and youth in Tartar, a bridge on the Tovuz river, Tovuzchay water reservoir in Tovuz as well as 20 secondary school buildings with 4972 places for pupils in Nakhchivan Autonomous Republic, Baku, Beylegan, Fuzuli, Khachmaz, Xizi, Imishli, Gazakh, Gabala, Sabirabad, Salyan, Zagatala, Zerdab, 23 preschool buildings with 2267 places for pupils in Mingachevir, Shirvan, Absheron, Aghjabedi, Aghsu, Beyleqan, Fuzuli, Goranboy, Imishli, Gazakh, Gusar, Oghuz, Sabirabad, Salyan, Samukh, Siyezen, Ujar, Zagatala, 3 hospitals with 300 beds in Sumgait, Lenkoran, Kurdamir, 5 clubs with 700 places in Mingachevir, Fuzuli, Gazakh, Sabirabad and Zaqatala and other facilities.
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