TODAY.AZ / World news

Foreign investments up in Kazakhstan

12 September 2016 [14:26] - TODAY.AZ

By  Trend


Kazakhstan’s economy attracted more than 1.3 trillion tenges (337.57 tenges = $1) in foreign investment in January-July 2016, or 25 percent up year-on-year, Ranking.kz analytical service said in its report published on September  8.

In July 2015 alone 181 billion tenges were injected into Kazakh economy, which is 5.3 percent more compared to July 2016. However, foreign investments in fixed capital accounted only for 28 percent of total investments.

The highest share of foreign investment since 2014 has been 46.8 percent in January 2015.

The main target of investments chosen by foreigners was the oil and gas industry.

More than 50 percent of all investments in Kazakhstan were placed in Atyrau Region in this period. The least attractive to foreign investors are two other border regions – Kostanay Region and North Kazakhstan Region, with attracted less than 0.5 percent of total foreign investments in Kazakhstan.



URL: http://www.today.az/news/regions/154141.html

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