Investments into subsoil use in Kazakhstan doubles
Edited by Rhod Mackenzie / 2015-07-16 08:02:31
Kazakhstan KAZminerals Metals and mining Oil and Gas Kazakhstan Oil and Gas Kazakhstan Metals and Mining Polymetal Copper Gold
According to Ranking.kz’s data on investments in the mining industry, in 2015, investments in this sector increased by 19%, and in the mining of metals – two times.
"The mining was one of the few sectors, investment in fixed assets of which show growth this year. In January-May this year, the capital investment in the sector increased by 19% (119.4 billion tenges - $642 million), crucially ensured the growth of the republican investments (+8% or 142.5 billion tenges). The weight of the investments in subsoil use increased from 34.6% to 38.1% of the total capital investments in the economy of Kazakhstan in the reporting period,"- analysts write.
