At the meeting of the Investment Headquarters chaired by the Prime Minister of the Republic of Kazakhstan Alikhan Smailov, the results of the implementation of target indicators for attracting investments for 2021 and plans for 2022 were considered.

The volume of investments in fixed assets in 2021 amounted to 13.2 trillion tenge, which is 7.3% more than in 2020. Non-primary sectors of the economy have become the main locomotives for investment growth. Thus, the indices of the physical volume of investments increased in the manufacturing industry by 1.4 times, in construction - by 1.2 times, and in agriculture - by 1.3 times.

In the manufacturing industry, the highest growth rates were achieved in metallurgy (+27%), textile production (+28%), pharmaceuticals (+39%), chemical industry (+55%), mineral products (+100%).

The annual plan for attracting investments in fixed capital in the republic was fulfilled by 94%. Target indicators were exceeded in Shymkent (115.5%), Aktobe (101.8%) and Kostanay (101.3%) regions. A slight underachievement is observed in Karaganda region (99.9%), Almaty city (99.8%), Atyrau (99.1%), Zhambyl (97.4%), Pavlodar (96.2%) regions, and in Nur-Sultan (96.1%). Noticeable non-fulfillment of the plan was recorded in East Kazakhstan (92.1%), Mangystau (90.8%), Almaty (89.7%), Akmola (89.4%), Turkistan (82.5%) and North Kazakhstan (80.4%) areas.

The worst indicators were observed in West Kazakhstan (69.6%) and Kyzylorda (66.4%) regions. Deputy akims of these two regions, on behalf of the Prime Minister, will be brought to disciplinary responsibility.

According to the results of 9 months of 2021, the volume of foreign direct investment in the economy of the Republic of Kazakhstan increased by 49% and amounted to $18.7 billion. There is an increase in capital inflows in almost all major countries-investors in the economy of Kazakhstan. The top 10 investor countries included the Netherlands, the USA, Switzerland, China, Russia, the UK, Belgium, Turkey, South Korea and France.

“Lagging regions should pay attention to the need for strict adherence to established KPIs. Akims will bear personal responsibility for failure to achieve target indicators. State bodies and akimats should continue to work on a systematic basis to attract domestic and foreign investments,” Smailov said.