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Investment in economy of Kazakhstan increased

Business Materials 2 July 2012 20:48 (UTC +04:00)
The volume of investment in fixed capital amounted to 1541.3 billion tenge ($ 1 - 147, 7 tenge) for five months in 2012, which is 5.9 percent more than in January-May 2011, Statistics Agency of Kazakhstan reports.

Kazakhstan, Astana, July 2 /Trend D.Mukhtarov/

The volume of investment in fixed capital amounted to 1541.3 billion tenge ($ 1 - 147, 7 tenge) for five months in 2012, which is 5.9 percent more than in January-May 2011, Statistics Agency of Kazakhstan reports.

Investment in manufacturing amounted to 148.8 billion (an increase by 16.7 percent).

Index of physical volume of capital investments in manufacturing totaled 116.7 percent in January-May 2012 compared to the same period of 2011.

A significant increase in investments is achieved ​​in non-oil sector of the economy. Volume of non-oil exports amounted to $7 billion in January - April 2012 (an increase by 13 percent compared to the same period last year).

In general, investment in the manufacturing sector is growing and reached up to $471.7 billion in 2011.

The inflow of foreign investments in the manufacturing sector in 2011 amounted to $2868.3 million. Inflow of foreign direct investment increased by 39 percent compared to the same period in 2010.

A national plan to attract investment is approved to support investors, which provides a set of legal and systemic measures. It includes significant procedural and visa relaxations, creating favorable conditions for finding investors in the country, including in the regions, support for investors both at central and regional levels.

The national investment website in 12 languages ​​with detailed information to investors about Kazakhstan is launched. More than 95,000 visitors from 160 countries are already registered.

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