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Investments in Kazakhstan's fixed assets down

Business Materials 14 April 2021 12:38 (UTC +04:00)
Investments in Kazakhstan's fixed assets down

BAKU, Azerbaijan, Apr. 14

By Nargiz Sadikhova – Trend:

The value of investments in Kazakhstan’s fixed assets has amounted to 2.1 trillion tenge ($4.8 billion) over the 1Q2021, which is 9.6 percent less than during the same period of 2020, Trend reports citing Kazakhstan’s Statistical Committee.

The industrial output in Kazakhstan also equaled 8.09 trillion tenge ($18.6 billion), which is 0.1 percent more than in 1Q2020.

There is an increase in the manufacturing industry (by 7.5 percent), in the supply of electricity, gas, steam, hot water and conditioned air (by 4.9 percent), in water supply, collection, treatment and disposal of waste, activities to eliminate industrial pollution (by 8.6 percent). A decrease was recorded in the mining industry and quarrying (by 6.9 percent).

The gross output in the country’s agriculture amounted to 591.3 billion tenge ($1.3 billion), which is 2.8 percent more than during 1Q2020.

The value of construction work carried out from January through March 2021 stood at 514.1 billion tenge ($1.1 billion), which is 13.1 more than during the same period of 2020.

Kazakhstan’s foreign trade volume also amounted to $11.8 billion over the period from January through February 2021, which is 17.1 percent less than during the same period of 2020.

This includes export worth $7.08 billion (down by 24.8 percent), and import worth $4.7 billion (down by 2.1 percent).

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