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Kazakhstan's major city shows over 90% drop in investments in processing industry

Business Materials 7 September 2019 15:02 (UTC +04:00)

Baku, Azerbaijan, September 7

By Nargiz Sadikhova - Trend:

The value of investments in processing industry of Kazakhstan amounted to 393.4 billion tenge during January-July 2019, which is 6.2 percent of the total value of investments, Trend reports with reference to the data of Statistics Committee of Kazakhstan.

As stated in the report, the main source of the funding during reporting period were own assets of investors (85.3 percent).

Thus, the largest increase of the investments in processing industry is observed in Karaganda region (61.4 percent). It is followed by West Kazakhstan region (increase of 43 percent) and Nur-Sultan city (33.5 percent).

Furthermore, a significant decrease of investments in processing industry is observed in Shymkent city of Kazakhstan. The value of investments in processing industry of the city decreased by 90.7 percent during the reporting period.

(1 USD = 387.82 KZT on September 7)

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