Azerbaijan`s defence industry production increases by 8.3 times over 8 years

  20 September 2013    Read: 650
Azerbaijan`s defence industry production increases by 8.3 times over 8 years
From 2005-2013, the volumes of Azerbaijan`s defence industry production rose by 8.3 times, Azerbaijani Ministry of Defence Industry said on Thursday.
Thus, as of July 2013 the volume of production of country`s defence enterprises reached 120 million manats.

The largest increase in production in this sphere was observed in 2011. In 2011, the country`s defence industry produced goods worth 154.5 million manats, which is 80.7 percent more than in 2010.

A positive dynamic was also observed in the product range. As of late July 2013, the country`s defence enterprises produced 750 kinds of products, which is 67 percent more than in 2005. For comparison, in 2005 Azerbaijan`s defence industry produced 449 items.

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