ASTANA, Kazakhstan, May 20. The volume of investments in fixed capital in Kazakhstan amounted to 3.7 trillion tenge (about $8.4 billion) from January through April 2024, which is, according to the Bureau of National Statistics, a 5.3 percent drop from 2023, Trend reports.
The North Kazakhstan region (34.7 percent), Kyzylorda region (30 percent), Zhetysu region (27 percent), Turkistan region (24.6 percent), Jambyl region (23.1 percent), and Astana city (20.3 percent) all saw significant growth.
At the same time, the Atyrau region accounts for a sizable portion of investments (16.6 percent).
Additionally, there was a decrease of 38.4 percent in the Akmola region, 34.5 percent in the Atyrau region, 19.9 percent in the Abay region, 16.2 percent in the Mangystau region, 13.8 percent in the Kostanay region, 5.7 percent in the Aktobe region, and 4.3 percent in the West Kazakhstan region.
The primary sources of investment financing remain business entities' own funds, whose volume amounted to 2.85 trillion tenge (about $6.4 billion), or 76.3 percent of the total volume.
Budget funds accounted for 10 percent of the total investment in fixed capital, but compared to the same period in 2023, they decreased by 14.6 percent.
The banking sector's contribution to financing the real sector of the economy is 3.5 percent of the total volume of fixed capital investments.
In addition, the main share of investments in fixed capital from January through April 2024 falls on industry (46.1 percent), including mining and quarrying (27.7 percent), the manufacturing industry (10.8 percent), real estate transactions (21.3 percent), transport and warehousing (14.6 percent), and agriculture, forestry, and fisheries (3.8 percent).