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

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.

Using a special form, you can send us news, which will then be included in the news section of the site and in the digest.

Articles sent 214

Submit your article

Source: Forkagro.com

All information on the site is for personal use only

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

World grain prices: wheat and rice are rising, corn is falling, while Russia is reducing customs duties.

Russian grain products are exported to 13 countries directly, bypassing foreign intermediaries.

Challenges with the harvest: small sunflower seeds and low quality pose challenges for processors in Bulgaria.

Harvest news from Kazakhstan: sunflower crops are ready for harvesting, cotton and soybeans continue to ripen.

The sharp increase in sunflower prices due to deteriorating crop forecasts in Russia has caused concern among producers and processors.

The company "Demetra Trading" has acquired the grain elevator complex "Our Union" in the Oryol region to develop their grain business.