BAKU, Azerbaijan, November 14. Investors began to pay more attention to non-resource sectors of Kazakhstan, Deputy Chairman of the Management Board of NC KAZAKH INVEST JSC Zhandos Temirgali said in an interview with Trend.
According to Temirgali, growing investment in a number of economic sectors in 2021 should also be highlighted.
"For instance, the investment growth in the manufacturing industry made up 65.4 percent, in construction – 37.8 percent, in transport and warehousing – 11.7 percent against 2020," he said.
Temirgali also said the manufacturing industry's share in the FDI inflow structure increased to 22.2 percent in the total gross inflow of direct investment. This figure was 14.2 percent in 2019 and 18.5 percent in 2020.
“Against the backdrop of the difficult geopolitical situation, in the first half of 2022, the gross FDI inflow in Kazakhstan increased by 28.2 percent compared to the first half of 2021. This demonstrates the continuing investment attractiveness of Kazakhstan,” he noted.
Temirgali added that the highest growth in investments is observed in information and communication sector – 5.4 times, construction – 3.9 times, agriculture, forestry, and fisheries – 2.9 times, and manufacturing – by 48 percent.
“We clearly see that investors have started to pay more attention to non-commodity sectors,” he emphasized.