KSH: Investments increased by 4.2 percent in 2021

Investments rose over four percent last year

In addition to declining budget and household activity, investment has been shaped by expanding business developments in the last three months of last year.

Within the 0.2 percent annual increase in the volume of investment activity, construction investment, which weighs 64 percent, was 3.3 percent higher than a year before, while investment in machinery and equipment, which accounted for 35 percent, fell by 4.6 percent. The latter decline was mainly due to a decline in investment in imported machinery. (MTI)