BAKU, Azerbaijan, April 7. Investments into the fixed capital in Kazakhstan's transportation and warehousing sector reached 88.6 billion tenge ($$191.7 million) over the period from January through February 2022, which is more than 22.1 percent in value terms than last year, Trend reports via Finprom.kz.
It can be compared with the same period in 2021 where capital investments made up 72.5 billion tenge ($156.9 million), increase of 54.6 percent in a year.
From a regional perspective, the largest volume of capital investments in the sector were in Akmola region: 21.1 billion tenge ($45.6 million) or 23.9 percent of in total across Kazakhstan with annual growth of 10.7 times.
The Kyzylorda region is in the second place: 11 billion tenge ($23.8 million) — 16.6 times more than a year earlier. Atyrau region closed the top three with 10.1 billion tenge ($21.8 million), which indicates an annual growth of 2.8 times.
The largest increase of investment into the fixed capital in transportation and warehousing was recorded in Kyzylorda region, the largest reduction in Zhambyl region (by 73.8 percent in money, to 2.4 billion tenge or $5.1 million).
Almost two-thirds of investments 56 billion tenge ($121.2 million) were at the expense of own funds with annual growth of 10.7 percent.
Capital investments from the republican budget made up 16.3 billion tenge or $35.2 million (an increase of 5.7 times), from local budgets 4.1 billion tenge or $8.8 million (decrease of 47.6 percent over the year).
Investments at the expense of non-banking leveraged assets amounted to 8.8 billion tenge ($19.04 million), and of banking - 3.4 billion tenge ($7.3 million).
Meanwhile, against the backdrop of an unstable economic situation, there is an increase in traffic including transit through Kazakhstan, the press office of Kazakhstan's Prime Minister said.
There is ongoing work to reroute cargo traffic through the Trans-Caspian International Transborder Route and TRACECA, through Azerbaijan and Georgia. Kazakhstan’s infrastructure has faced some unanswered questions that can be resolved among other things through modernization and construction.