Baku, Azerbaijan, Feb. 6
By Ali Mustafayev – Trend:
The value of investments in Kazakhstan’s food sector amounted to 94.2 billion tenge, which exceeded the same indicator of 2016 1,5 times in monetary terms, and by 31,5 percent in real terms (inflation-adjusted).
In general, the volume of investment in fixed assets in Kazakhstan increased by only 5.5 percent, Energy Prom reported.
The volume of investment in food production in Kazakhstan holds 10 percent of the entire investment portfolio of the manufacturing industry.
The bulk of investments in the food industry was observed in the Almaty region (25.8 percent of total investments), as well as North Kazakhstan region, and South Kazakhstan region.
Food production in Kazakhstan is supported by such key institutions of development of Kazakhstan as Baiterek and KazAgro, the industry is considered to be a priority, for example, in such state programs as Business Road Map 2020, Agribusiness 2017, etc.