ASTANA, Kazakhstan, April 28. The Zhambyl region became the leader in investments made in the production of building materials in Kazakhstan from January through March 2024, Trend reports.
According to official data, in the first quarter of 2024, 7.4 billion tenge (about $16.6 million) was invested in the production of building materials in the region.
Thus, the volume of investments in the Zhmbyl region in this industry increased 36 times from 204 million tenge (about $460,000).
The reason for this high growth was an increase in investment in cement production by 38 times - from 192 million (about $432,000) to 7.3 billion tenge (about $16.4 million).
Meanwhile, the volume of investments in fixed capital in Kazakhstan amounted to 2.8 trillion tenge (about $6.27 billion) from January through March 2024. This is a decrease of 0.8 percent compared to the same period in 2023.
Significant growth was noted in the North Kazakhstan region (48.8 percent), Zhetysu region (42 percent), Kyzylorda region (32.8 percent), Turkistan region (31 percent), Astana city (30.8 percent), Jambyl region (24.4 percent), and Almaty region (21.8 percent).
In addition, a decrease was registered in Akmola region - by 36.7 percent, Atyrau region - by 29.5 percent, Abay region - by 25.9 percent, East Kazakhstan region - by 10.7 percent, Aktobe region - by 10.5 percent, and Mangystau region - by 10.3 percent.
Furthermore, the main share of investments in fixed capital from January through March 2024 falls on industry (47 percent), including mining and quarrying (28.7 percent), the manufacturing industry (11.2 percent), real estate transactions (21.5 percent), transport and warehousing (13.5 percent), and agriculture, forestry, and fisheries (4.4 percent).
