UDC 330.145
INVESTMENTS INTO THE CAPITAL STOCK IN THE RURAL
AREAS OF THE REPUBLIC OF KAZAKHSTAN
Onalbek Abraliyev
Yerkimbekuly Rauan
Annotation
In the article investments
into the capital stock in the rural areas of Kazakhstan are considered. In the work the state investments in the
rural areas by oblasts are analysed. Atyrau, Almaty
and Aktobe oblasts have the highest indicators for capital stock investments.
Keywords:
capital stock market, rural areas, investments, capital injections, oblasts of
Kazakhstan
The state of the rural
areas impact the agricultural economy which determines the food supply security
for the sovereign states, the quality of nourishment for the population, and
availability of food products in the internal market of a nation. Therefore,
stimulating the growth of the agriculture is beneficial for the economy of a
nation [1; 2].
Investments into the
capital stock in the rural areas in 2014 is shown by table 1.
Table 1- Investments
into the capital stock in the rural areas in 2014, thousand tenge
|
Oblasts |
New capital
injections, thousand tenge |
Investments, thousand tenge |
Annual investment
change, % |
% from the total investment rate |
|
Akmola |
55 792 577 |
113 400 174 |
135.5 |
3.7 |
|
Aktobe |
148 463 014 |
262 774 016 |
93.8 |
8.7 |
|
Almaty |
148 442 075 |
301 967 783 |
103.3 |
10.0 |
|
Atyrau |
255 585 662 |
661 386 524 |
141.8 |
21.7 |
|
West
Kazakhstan |
73 589 398 |
199 990 322 |
129.9 |
6.6 |
|
Zhambyl |
33 201 067 |
134 543 810 |
70.6 |
4.4 |
|
Karagandy |
97 654 591 |
166 670 814 |
94.5 |
5.5 |
|
Kostanay |
29 348 299 |
63 895 308 |
111.8 |
2.1 |
|
Kyzylorda |
54 495 821 |
183 841 455 |
59.7 |
6.1 |
|
Mangystau |
127 462 022 |
383 686 548 |
108.4 |
12.6 |
|
South
Kazakhstan |
82 441 770 |
208 581 826 |
78.9 |
6.9 |
|
Pavlodar |
46 134 253 |
127 473 144 |
148.4 |
4.2 |
|
North
Kazakhstan |
66 567 841 |
75 059 080 |
121.0 |
2.5 |
|
East
Kazakhstan |
53 367 156 |
150 323 973 |
132.5 |
5.0 |
|
Total |
1 272 545 546 |
3 033 594 777 |
105.1 |
100.0 |
|
Source: The Agency of Statistics of the Republic
of Kazakhstan (2015). Retrieved from www.stat.gov.kz |
||||
Table 1 shows that
Atyrau oblast has the highest investment rate (21.7%) which is nearly one fifth
of all investments in Kazakhstan.
The second place belongs
to Mangystau oblast (12.6%), and the third place – Almaty oblast (nearly 10%).
Five oblasts have investment rate lower than 5%: Zhambyl (4.4%), Pavlodar
(4.2%), Akmola (3.7%), North Kazakhstan (2.5%), Kostanay (2.1%). Four oblasts
together have more than half of capital market shares: Atyrau (21.7%),
Mangystau (12.6%), Almaty (10%), Aktobe (8.7%). The minimum value of
investments belong to Kostonay oblast - 29 348 299 thousand tenge. The average
of investments equals to 90896110.429 thousand tenge. The investment median -
70078619.5 thousand tenge. The maximum of new capital injections belongs to
Atyrau province - 255 585 662 thousand tenge which
is nearly one fifth of the capital market (20.09%). The second place for the
new capital injections is taken by Aktobe oblast - 148463014 thousand tenge or
11.666% of the market share. Almaty oblast is in the third place by the capital
injection indicator - 148442075 thousand tenge or 11.665% of the market share.
There are different financial instruments or economic activities that
can help the agriculture, which includes bank loans, subsidies, or investments.
Providing support for the investments in the rural areas is one of the steps in
order to implement “Strategy Kazakhstan-2050” defined by the President of the
Republic of Kazakhstan, Nursultan Nazarbayev. The strategy defines the
importance of focusing on the balanced economic development and making stronger
the national economy [3]. Availability of investments in depressed rural areas
may impact the growth potentials of the economy [4, pp. 3-20; 5]. Investments
into improvements and other projects in the rural areas in 2014 is 669260594
thousand tenge [6]. The maximum indicator is in Atyrau oblast – 204496060
thousand tenge. The lowest indicators belong to Pavlodar oblast – 2299980
thousand tenge, and to North Kazakhstan oblast – 2715750 thousand tenge.
Investments into
machinery, equipment and instruments is show by figure 1. Investments into
construction and repairing buildings is shown by figure 2.
Figure 1 - Investments into machinery, equipment and instruments in the
rural area by oblasts in 2014, thousand tenge
Source: The Agency of Statistics of the Republic of
Kazakhstan (2015). Retrieved from www.stat.gov.kz
Figure
2 - Investments into construction and repairing
buildings in the rural area by oblasts in 2014, thousand tenge
Source: The Agency of Statistics of the Republic of
Kazakhstan (2015). Retrieved from www.stat.gov.kz
Figure 1 shows that the
toyal investments in into machinery,
equipment and instruments in 2014 is 698976782 thousand tenge. The highest
indicator is in Atyrau oblast – 133863627 thousand tenge.
Figure 2 shows that the total investments into construction
and repairing building in 2014 is 1665357401
thousand tenge. The first place belongs to Atyrau oblast – 323026837 thousand
tenge. The second place is taken by Almaty oblast – 232015864 thousand tenge.
In conclusion, Atyrau, Almaty and
Aktobe oblasts have high capital stock investments in the rural area.
Bibliography
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Agricultural Development Policy: Concepts and Experience. Chichester, the UK:
John Wiley & Sons.
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Eicher, C. (1998) International Agricultural Development, 3rd edition. London:
John Hopkins University Press.
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Address by the President of the Republic of Kazakhstan, Leader of the Nation,
N.Nazarbayev “Strategy Kazakhstan-2050”: new political course of the
established state”. Official site of the President of the Republic of
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6. The Agency of Statistics of the Republic of Kazakhstan (2015). Retrieved from www.stat.gov.kz