BAKU, Azerbaijan, May 29. The Kazakh government has set a task to increase the volume of fixed capital investments to 18.5 trillion Kazakh tenge ($41.5 billion) this year, Kazakhstan's Prime Minister Alikhan Smailov said at the Investment Board meeting, Trend reports.
Minister of National Economy, Alibek Kuantyrov, revealed that the total volume of investments in fixed capital from January through April of the current year reached 3.8 trillion Kazakh tenge ($8.5 billion), marking an 18 percent increase compared to the same period in 2022. In this case, mining and manufacturing, real estate operations, transport and warehousing, and agriculture are leading.
Furthermore, it was noted that the national target indicator for January through April has been achieved, with 12 out of 20 regions surpassing their planned targets. Among them are Turkestan (148 percent), Kyzylorda (137 percent), Karaganda (122 percent), Mangystau (122 percent), and Akmola (116 percent) regions.
Prime Minister Smailov emphasized the government's goal of raising the level of investments in fixed capital to 18.5 trillion Kazakh tenge ($41.5 billion) by the end of this year. In this regard, regions and ministries must engage in proactive efforts to attract investments into fixed capital, taking into account any existing gaps.
