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Fixed asset investment in Kazakhstan up 6.1% in Jan-November

Astana, December 15 2008

Fixed capital investment in Kazakhstan totaled 3,299.2 billion tenge in January-November, a 6.1% increase year-on-year, the National Statistics Agency told Interfax-Kazakhstan.

According to statistics, 12 regions saw a growth in investments including Zhambyl region (by 90%) and Kyzylorda region (by 70%).

Four regions reported a lowering in fixed capital investment, including Astana (by 10.5%).

The most appealing Kazakhstan's industry for investors was oil and gas sector (21.9% of the total fixed capital investments).

As compared to January-November 2007, investments considerably grew in the following sectors: education (by 80%), electricity, gas and water supply (by 50.5%), hotels and restaurants (by 66.5%).

In Kazakhstan, the population of which tops 15.7 million people, there are 14 regions and two large cities - Almaty and Astana.

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