Investments in Kazakhstan’s fixed capital rise by 2.4 percent in 2011
Azerbaijan, Baku, Jan. 13 / Trend E. Kosolapova/
Investments in Kazakhstan's fixed capital increased by 2.4 percent in 2011, the head of the Kazakh Agency of Statistics Alikhan Smailov said at a press conference.
"Investment in fixed capital rose by 2.4 percent in January to December 2011 compared to the same period of 2010 and hit 4.985 trillion tenge ($33.57 billion)," Novosti-Kazakhstan quoted Smailov as saying.
According to Smailov, 31 percent of all investments were directed at the development of the mining industry, 18 percent at the transport sector and 10 percent at the processing industry.
"Increase in investment into fixed capital resulted from the implementation of major investment projects under the state program of industrialization," Smailov said.