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Investments in the agricultural sector of Kazakhstan decreased by 30% in the first quarter of 2024, according to the National Statistics data.
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Investments in the agricultural sector of Kazakhstan decreased by 30% in the first quarter of 2024, according to the National Statistics data.

In the first quarter of 2024, over 140 billion tenge was invested in the agro-industrial complex of Kazakhstan, which is 30% less than the previous year. More than 70% of the investments were allocated to 5 key regions, including the Akmola and Pavlodar regions.

A total of 91 projects with a combined value of 445 billion tenge are planned.

20 June 2024 20 June 2024

During the first quarter of 2024, over 140 billion tenge was invested in the agro-industrial complex of Kazakhstan. This figure is 30% lower than in the same period last year, according to information published in an article by 24KZ citing data from the National Statistics Bureau.

More than 70% of all investments in the sector were spent in five key regions, particularly in the Akmola region (around 27 billion tenge), Pavlodar, North Kazakhstan, Turkestan, and Kostanay regions.

The least amount of capital investments was recorded in regions such as Almaty, Shymkent, and Mangystau region, which are traditionally non-agricultural regions.

Currently, a total package of 91 projects has been formed in Kazakhstan, which will be implemented with preferential financing. It is planned to spend 445 billion tenge for their implementation.

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