Kazakhstan eyes increase of investments in fixed assets

Business Materials 14 February 2018 15:48 (UTC +04:00)

Baku, Azerbaijan, Feb. 14

By Ali Mustafayev – Trend:

The volume of investments in Kazakhstan’s fixed capital in January 2018 amounted to 636.8 billion tenge, which is 65.4 percent more than in the corresponding period of 2017, the Committee on Statistics of the Ministry of National Economy of Kazakhstan said in a message.

Prevailing sources of investments (421.6 billion tenge) in the reporting period account for the own funds of economic entities.

Investments in vehicles, machinery equipment, and machinery repair spheres increased by 75.4 percent in January 2018.

A significant share of investments in fixed capital also account for mining and quarrying (46.7 percent), real estate transactions (7.9 percent) and transportation and warehousing (6.4 percent). The volume of investments of large enterprises in January 2018 amounted to 511.5 billion tenge.

(Exchange rate for 14.02.2018: $1 – 324 tenge)