About 30% of sector profitability is lost due to high costs and low digitalization. For example, depreciation for certain types of transport infrastructure takes from 40% to 100%,
About 30% of sector profitability is lost due to high costs and low digitalization. For example, depreciation for certain types of transport infrastructure takes from 40% to 100%,
In the coming years, insurance companies in Kazakhstan will need quality development. In 2019, their expenses grew faster than incomes, and the growth in net profit for the
As of February 1, 2020, 1.3 million SMEs are operating in Kazakhstan. However, more than 60% of their income is generated by only a fifth of enterprises. That
In 2019, the contribution of tourism to the country’s economy amounted to 5.6%, while by 2025 it is planned to increase this figure to 8%. For that purpose,
In 2019, the trade sector became a key driver of the growth of the national economy. However, for the third year in a row, retail growth has been
The amount of construction work in 2019 increased by 14%, it allowed construction companies receive 983.4 billion tenge, which is considered to be as a record profit over
In 2019, Kazakhstan’s GDP growth was 4.5% due to increased demand on the consumer market, increased industrial production and increased investment activity. Which sectors of the economy were
2019 was a successful year for the development of the fuel and energy complex – record oil production, full coverage of the domestic market with Kazakhstan gas, the
Construction in Kazakhstan is one of the key sectors of the economy and one of the most attractive investment areas. This sector accounts for 5.6% of Kazakhstan’s GDP,
In the near future, the Government and government departments will begin to summarize the activities for 2019. According to preliminary forecasts of Kazakhstan, the national economy continues to