The value of investments attracted to the economy of Kazakhstan amounted to 11.179 trillion tenge in 2018, up by 17.5% YoY, the Committee of Statistics reported.
“In the reporting period Shymkent city was the leader by attracted investments, the volume of which increased by 162.2%. It is followed by Atyrau and Kyzylorda regions of Kazakhstan, where the volume of investments attracted increased by 35.5% and 28.3% respectively,” the report said.
“In turn, the value of investments attracted to Akmola and Pavlodar regions decreased by 0.8% and 21.4% respectively,” the statement said.
Furthermore, some 46.6% of the total volume of investments attracted accounted for construction and overhaul work, down by 55.3%.
Another 32.2% of the structure accounted for purchase of vehicles, equipment, machinery, tools and their maintenance. The value of these types of investments amounted to 3.597 trillion tenge, down by 14.9%.
Thus, 21.2% of total investments attracted account for other work and expenditures compared to 14% in 2017.
“The prioritized sectors for investments are mining and quarrying industry (40.2%), transport and warehousing (13%), real estate transactions (12.6%) and processing industry (11.1%),” the statement said. (Trend/Business World Magazine)