Baku, Azerbaijan, Nov. 21
By Ali Mustafayev – Trend:
Level of investments in Kazakhstan’s wholesale trade and retail areas increased by almost quarter during this year.
More than half of funds in fixed assets of the sector were attracted by Almaty agglomeration, Kazakh Energy Prom reported.
Almaty ranks first among the Kazakh cities and regions in attraction of investments in trade and retail sphere. The general volume of investments in the wholesale and retail trade of Kazakhstan reached 152.3 billion tenge as of October 2017, which is 24.1 percent more than in the same period of 2016.
The Almaty district, in turn, ranked second with attraction of 20.9 billion tenge during the mentioned period, which is a 3.2 times increase, compared to the previous year.
And the third is the Kazakh capital Astana, which attracted 11.6 billion tenge of capital investment (6.4 percent less than in the same period of the previous year) in wholesale trade and retail industry.
Kazakh trade is being developed at an accelerated pace. In January-October 2017, wholesale trade volumes of the country reached 15.3 trillion tenge, increasing by 8.3 percent, compared to the previous year.
Volumes of retail in the capital grew at once by 15.4 percent year-to-year during 10 months of 2017.