AKI: Food Industry Investments up 9% Last Year
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Based on preliminary data, the total value of investments in the food industry increased by 9% last year, compared to 2021, according to a recently published report by the Agricultural Economics Institute (AKI).
Investors spent 57% of the amount on machinery and equipment, 37% on buildings and constructions, and 2% on vehicles.
The ratios did not change significantly compared to 2021, according to the report.
Calculated by value, expenditures on buildings and other structures increased the most by 18%, vehicle investments increased by 14%, and machinery and equipment development increased by 6%.
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