(MENAFN- trend news agency) baku, azerbaijan, june 25. kazakhstan's investments in fixed assets totaled 5.07 trillion
kazakh tenge ($11.3 billion) from january through may 2023, which
is 17.2 percent more compared to the same period of the previous
year, trend reports.
significant growth was noted in turkestan region (56.5
percent), mangystau region (42.2 percent), kyzylorda region (40
percent), kostanay region (38.1 percent), karaganda region (36.9
percent), west kazakhstan region (33.7 percent), pavlodar region
(29.8 percent), and ulytau (25.3 percent).
among the various sectors, construction and major
renovation of buildings and structures accounted for nearly 58
percent of the total investment volume. the acquisition of
machinery, equipment, and vehicles represented over a quarter of
the overall investment amount.
the primary financing sources for investments in fixed
assets remained the internal funds of businesses, with a total
volume of 3.9 trillion kazakh tenge ($8.7 billion) or 78.5 percent
of the total. budgetary funds accounted for 12.4 percent of the
total investment volume, experiencing a substantial growth of 41.6
percent compared to january through may 2022.
furthermore, the banking sector contributed 2.1
percent to the overall investment in fixed assets.
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