Kazakhstan records decline in investment in its water services sector

Kazakhstan Materials 23 June 2022 10:40 (UTC +04:00)
Nargiz Sadikhova
Nargiz Sadikhova
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BAKU, Azerbaijan, June 23. Investments in fixed assets of Kazakhstan's water supply, drainage, collection and distribution of waste water decreased by 2.8 percent in value terms over the period from January through April 2022 compared to the same period last year, Trend reports with reference to ranking.kz monitoring project.

Investments in fixed assets in the sphere of water supply, drainage, also collection and distribution of waste water amounted to 56.1 billion tenge ($123.5 million) in the reporting period.

Some 35.6 billion tenge ($78.4million) of these capital investments fell on collection, processing and distribution of water, 18.5 billion tenge ($40.7 million) for collection and treatment of sewage and 2 billion tenge ($4.4 million) on the sphere of collection, processing and disposal of waste.

Capital investments in water services sector amounted to 57.7 billion tenge ($127 million) in the same period last year (plus 10.2 percent during past 12 months).

The largest volume of investments, in regional context, in water services sector fell on East Kazakhstan region - 8.3 billion tenge ($18.2 million), 48.1 percent more in value terms than a year earlier.

The top three ranking of regions also includes Almaty (6.6 billion tenge or $14.5 million, plus 21.2 percent for the year) and Pavlodar (5.6 billion tenge or $12.3 million, 8.3 percent up for the year).

The weakest indicators were recorded in North Kazakhstan region - 792.1 million tenge ($1.7 million), 66.4 percent down for the year.

The largest volume of investments in water services sector, in terms of funding sources, was provided by local budgets of regions, 47.2 percent of portfolio, or 26.5 billion tenge ($58.3 million), 25.2 percent more in value terms than a year earlier.

Investments at the expense of state budget amounted to 38.8 percent or 21.8 billion tenge ($48 million), having decreased by 15.8 percent over the year.

Non-bank borrowings in the structure of the investment portfolio amounted to 2.3 billion tenge ($5.06 million) or 4.2 percent.