MIL-OSI Russia: In 2024, 40 percent of investments in fixed capital in Kazakhstan were in industry

Translation. Region: Russian Federal

Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

Source: People’s Republic of China – State Council News

ALMATY, July 4 (Xinhua) — In 2024, the volume of investment in fixed assets in Kazakhstan from all sources of financing amounted to 19,461.3 billion tenge (about 37.49 billion U.S. dollars), an increase of 8 percent compared to the previous year, the Bureau of National Statistics (BNS) of Kazakhstan reported on Friday.

According to the bureau, the main share of investment in fixed capital in 2024 will be in industry – 40 percent /including mining and quarrying – 18.7 percent, manufacturing – 10.7 percent/, real estate transactions – 18.8 percent, transportation and warehousing – 18.6 percent, and education – 5.9 percent.

“Budget funds accounted for 21.6 percent of the total volume of investments in fixed assets, while increasing by 40.4 percent compared to 2023. The share of the banking sector in financing the real sector of the economy in the total volume of investments in fixed assets is 4 percent, other borrowed funds – 11.5 percent,” the BNS report states. –0–

MIL OSI Russia News