Kaziyeva A.N.

 

Kazakh National Pedagogical University Abai

 

INVESTMENT MODE IN  CUNSRUCTION INDUSTRY

OF KAZAKHSTAN

 

The return to former rates of growth in building sector has not taken place, even despite of support of authorities and loans of the international organizations on modernization and development of an infrastructure. The growth of volume of civil work since 2009 remains weak, as well as increase of the investments in the basic means. Volume uninhabited (infrastructure, industry) and housing construction, and also investment in civil work while remains much below, than in 2006-2008 years. Has decreased of weight of extra means, which has come nearer to a parameter 12 % under all investments.

In 2010-2012 years the small growth of manufacture of the enterprises of building branch was marked, however in 2013 while the recession is observed. The index of physical volume of manufacture of building branch in 2012 has grown on 2,9 % in annual expression, but has fallen in I quarter 2013 on 4,9 % [1].

Total added cost of the enterprises of building branch has made 1,9 billion tenge on results of 2012, that is in real terms little bit lower than parameters both previous years and 2007. The share of branch in GDP continues to be reduced and has decreased since 2006 almost half - to 6,2 % in 2012. By the beginning of 2013 in republic worked 189 large (more than 250 workers), 739 average (more than 50 workers) and 23 thousand small building enterprises. The number both large and small enterprises since 2009-2010 years is reduced [2].

 On densities the volumes of carried out civil work of the average enterprises are constant, the growth of a share of the market of the large companies is observed, at decrease (reduction) of a share come on the small enterprises.

The number engaged in building branch even in conditions of difficulties tested by economy in 2008-2009 years, steadily raised.

The number of the working large and average enterprises was saved almost constant - little more than 200 thousand the man. Accordingly, the growth of number engaged has taken place at the expense of the small enterprises and self-engaged in the given sphere. The large companies have saved personnel potential, that is a good basis for the future growth.

At the same time productivity of work in building branch as a whole has remained at a level of 2006. The productivity of work of the small enterprises obviously strongly has fallen, that specifies probable concentration in branch in the future and will detain growth of the salaries at the small enterprises.

While manufacture of building materials in Kazakhstan be not capable completely to satisfy growing needs (requirements) of the country both on assortment, and on quality of production. On the data of Agency Republic of Kazakhstan  on statistics, the share of domestic manufacture in total amount of resources with 2008 for 2012 has grown with 58 up to 68 %. According to the plans of the program of development of building branch in 2014 the achievement of release of cement in volume 13,5 million of tons per one year, with simultaneous export up to 20 % from volume of manufacture on four old and five new factories is supposed.

The purpose is difficultly sold completely, but the certain rise will be. The construction glass of a factory by capacity 180 thousand tons per one year, increase of general (common) manufacture cunsruction material  up to 80 % in 2014 is planned.

The investments on development of manufacture while volatility. In 2012 they have made 53 billion tenge, have increased on 10 billion tenge in comparison from 2011-m. From them almost 80 % was invested at the expense of own means of the enterprises, thus the investments were directed mainly in capacity on manufacture of cement, concrete and products from concrete. In sphere of manufacture construction materials many small enterprises work, which opportunities to involve (attract) extra financing are limited.

Volume of crediting of construction which is warmed up by cheap money in précis’s period, in cumulative crediting of economy is reduced since 2008. However to 2010 there is an increase of volume of the credits given branch. On results of the last year he has reached(achieved) $ 15 billion. The credits to construction in 2011-2012 years have grown on 19 %, while the standard loans have grown only on 9 %, that testifies to preservation significant is brave in crediting this sphere.

Governmental "The Forecast of socio economic development of Republic of Kazakhstan for 2013-2017 years" provides real growth of building branch on 3,0-3,6 % per one year, at real growth GDP at a level 6,3-7,7 % [2].

The negative factor of growth in a near future - concentration in branch, which is necessary for increase of productivity of work, but in the short-term period can complicate mutual relation between the players and between the enterprises and banks because of a possible(probable) leaving(care) of the companies from the market.

Restraint of banks at crediting because of saved the negative factor is brave - also. Nevertheless growth of building branch could in the future hardly be higher than parameters of the forecasts of government due to construction of infrastructural objects sold at support of the state and the international financial institutions, and also due to revival of housing construction.

At preservation of financing of civil work on the part of government approximately at a level of 2012 in percentage to ÂÂÏ, in view of animator - effect, it is possible to expect the certain revival of financing from own and foreign means. Thus the building branch, probably, will continue to remain more volatile and cyclical in comparison with GDP because of long-term character of the building investments and their dependence on an economic climate.

References

1 Business magazine "Business Life". -Almaty: ¹ 8 (74). 2013. with 12-14.

2 Electronic resource: www. http: // rfcaratings.kz/ru/node/80