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Nine regions of Kazakhstan increase specific gravity of own funds.

ASTANA (CyHAN)- Kazakhstan's own investments in the fixed capital in 3 quarters of 2014 exceeded the same figures for last year - 2.5 trillion KZT (about $13 billion on Oct. 31) versus 2 trillion KZT, according to the analytical service Ranking.kz.

The service said that at the same time the borrowed funds fell by 51 billion KZT (6.3 percent).

"The specific gravity of own funds rose in 9 regions of the country," the Ranking.kz analysts said.

The experts said the Mangystau region (own funds -- 82 percent of investments made to the fixed capital), and the North Kazakhstan region (74 percent) are the most independent regions.

"The total investments in the fixed capital in Kazakhstan stood at 4.4 trillion KZT in Jan.-Sept. 2014, some 57 percent (2.5 trillion KZT) of them being own funds, versus 51 percent for the same period of last year," the analysts said.

The growth of own investments in Jan.-Sept. was recorded in 11 regions.

The West Kazakhstan region is leading in terms of growth rates with a two and a half times growth versus last year (up to 107 billion KZT).

The Atyrau and Mangistau regions (500 billion KZT and 301 billion KZT, respectively), and the capital city Astana (226 billion KZT) are leading in terms of own investments.

"At the same time, the specific gravity of loans among the investments made to the fixed capital fell by 3 percent, to 17.5 percent. The minimum share of borrowed funds in the total investments was recorded in Almaty (3.7 percent). A total of 12 regions reduced dependence on borrowed funds in the investment portfolio," the experts said. (Cihan/Trend az)

CyHAN

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Publication:Cihan News Agency (CNA)
Geographic Code:9KAZA
Date:Oct 31, 2014
Words:298
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