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Investments in fixed assets in Kazakhstan's Turkistan region increase

Business Materials 26 January 2019 11:07 (UTC +04:00)

Baku, Azerbaijan, Jan. 26

By Rashid Shirinov – Trend:

The volume of investments in fixed assets in the Turkistan region of Kazakhstan amounted to 288.08 billion tenge last year, which is 1.2 percent more compared to 2017, Trend reports referring to the Kazakh media.

The press service of the region’s administration informed that most of the investments account for industry, agriculture, forestry, fisheries and real estate operations. Some 80.7 percent of the investments, 232.38 billion tenge, were made by small enterprises.

In addition, last year the volume of retail trade in the region reached 148.29 million tenge. Compared to 2017, the figure has increased by 4.1 percent. The share of food products in total retail trade was 27 percent and the share of non-food products accounted for 73 percent.

At the same time, the volume of mutual trade of the Turkistan region with the Eurasian Economic Union states amounted to $235 million last year. Of this, exports accounted for $179 million, and imports for $56 million.

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