ASTANA, Kazakhstan, August 16. The volume of investments in the production of crude oil and natural gas amounted to 1.27 trillion tenge (about $2.6 billion) from January through July 2024, Trend reports.
According to the data from the Bureau of National Statistics, the volume of investments decreased by 38.7 percent year-on-year.
In total, 3.38 trillion tenge (about $7 billion) were invested in the industrial sector in the first seven months of 2024. This is 16.5 percent less than in the same period in 2023.
The share of investments in the production of crude oil and natural gas amounted to 37.5 percent of the total investment in fixed capital in the industrial sector.
Meanwhile, the volume of investments in fixed capital in Kazakhstan amounted to 8.3 trillion tenge (about $17.2 billion) from January through July 2024, which is 0.4 percent more than in the same period in 2023.
Furthermore, the volume of investments in fixed capital in Kazakhstan in 2023 amounted to 17.6 trillion tenge (about $36.9 billion). The volume of investments increased by 11.2 percent year-on-year.
At the same time, the volume of domestic investment amounted to 14.3 trillion tenge (about $29.8 billion), which is 13.3 percent more than in 2022.
In addition, the volume of external investments in fixed capital of Kazakhstan in 2023 increased by 3 percent and amounted to 3.37 trillion tenge (about $7.1 billion).