Volume of investments in Kazakhstan’s industrial sector increases
Baku, Azerbaijan, July 13
By Ali Mustafayev – Trend:
The volume of investments into the fixed capital of Kazakhstan’s industrial sector amounted to 2.1 trillion tenge in January-May 2018, increasing by 44.2 percent, compared to the same period in 2017, EnergyProm reported.
The largest volume traditionally fell on the oil producing Atyrau region - 1.3 trillion tenge, which is 71.1 percent more, compared to the same period of 2017 (58.7 percent of the total share of investments in the industrial sector of Kazakhstan).
The top three also includes the Turkestan region (222.7 billion tenge, 2.9 times increase year over year) and Mangistau region (89 billion tenge, 30.3 percent decrease year over year).
Almost three quarters of all investments in the industry were directed to the mining sector - 1.6 billion tenge, which is 56.6 percent more, compared to the same period of 2017.
Energy and water supply accounted for less than 8 percent of all investments in the industrial sector of Kazakhstan.
In the mining sector, 88.5 percent of capital investments were directed to the production of oil and gas (1.4 trillion tenge, 68.1 percent more than in January-May 2017).
In the refining segment, the bulk of investments also fell on the oil-related sector. The production of coke and refined products attracted 225.4 billion tenge of investments, which is 38.3 percent more year over year.
Exchange rate for July 13, 2018: $1 – 344 tenge
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