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Kazakhstan sees increase in state investments in fixed capital

Business Materials 23 December 2014 20:07 (UTC +04:00)

Astana, Kazakhstan, Dec.23
By Daniyar Mukhtarov - Trend:

Kazakhstan's public sector increased the investments in the fixed capital by 42 percent in Jan.-Nov. 2014, the country's Ranking.kz analytical service said.

The state investments in the fixed capital amounted to 1.2 trillion KZT (182.05 KZT = $1) during the reporting period, compared to 0.8 trillion KTZ in Jan.-Nov. 2013, said Ranking.kz.

The major part of the state investments fell to the cities of Astana (165.9 billion KZT), Almaty (134.3 billion KZT) and Almaty province (129.9 billion KZT) during the reporting period, according to the analytical service.

The strongest investment dependence on the state budget was recorded in South Kazakhstan province where 34.1 percent of the total volume of investments is made by the state, Almaty (32.6 percent) and Akmola province (31.4 percent).

By comparison, the state share in the investments in the fixed capital of Kazakhstan's oil regions is equal to 3.7 percent (Atyrau province) and 8.5 percent (Mangistau province).

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