The Turkestan region has become the leader in investment in the furniture industry

The volume of investments in the domestic furniture industry in 2023 reached 17.1 billion tenge. This is almost four times more than a year earlier (4.4 billion tenge).

The Turkestan region has become the leader in investment in the furniture industry. Last year, 13.2 billion tenge of investments were invested in the furniture industry of this region. This is 76.8% of the republican level. This was reported by the Directorate for the Development of the Light Industry, Woodworking, Furniture Industry and Production of Construction Materials QazIndustry.

According to the Bureau of National Statistics, in 2022, 1.4 billion tenge was invested in this industry in the Turkestan region, that is, the growth for the year was more than nine times (9.1). Such a high result was made possible due to an increase in investment in the production of furniture for offices and retail enterprises (+5.8 times - up to 6.3 billion tenge), other furniture (+18.9 times - up to 6.9 billion tenge).

 

Indicator name

January December

2022

January December

2023

height

Investments in fixed capital in the Republic of Kazakhstan, million tenge

4 403

17 166

+3.9 times

Turkestan region, million tenge

1 442

13 183

+9.1 times

Production of furniture for offices and trade enterprises

1 078

6 302

+5.8 times

Production of other furniture

0, 365

6 881

+18.9 times