ASTANA, Kazakhstan, July 18. The volume of investments in fixed capital in Kazakhstan amounted to 6.6 trillion tenge (about $13.9 billion) from January through June 2024, Trend reports.
According to the Bureau of National Statistics, compared to the same period in 2023, the volume of investments decreased by 3.5 percent.
The Kyzylorda region (an increase of 41.4 percent), Zhetysu region (38.5 percent), Turkistan region (37.8 percent), and Almaty region (21 percent) saw significant growth.
At the same time, the Atyrau region accounts for a sizable portion of investments (14 percent).
Additionally, there was a decrease of 38.8 percent in the Akmola region, 35.2 percent in the Atyrau region, 24 percent in the Abay region, 19 percent in the Aktobe region, 12.8 percent in the Mangystau region, 9.7 percent in the Zhambyl region, and 7.3 percent in the West Kazakhstan region.
The primary sources of investment financing remain business entities' own funds, whose volume amounted to 4.8 trillion tenge (about $10 billion), or 72 percent of the total volume.
Budget funds accounted for 14.5 percent of the total investment in fixed capital, but compared to the same period in 2023, they increased by 3 percent.
The banking sector's contribution to financing the real sector of the economy is 4 percent of the total volume of fixed capital investments.
In addition, the main share of investments in fixed capital from January through June 2024 falls on industry (41.6 percent), including mining and quarrying (23.5 percent), the manufacturing industry (9.9 percent), real estate transactions (21.5 percent), transport and warehousing (16.1 percent), and agriculture, forestry, and fisheries (5.1 percent).
Meanwhile, the volume of investments in fixed capital in Kazakhstan exceeded 18 trillion tenge (about $40 billion) in 2023. Investments in fixed capital increased by 13.7 percent in real terms compared to 2022 figures.