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  • Kazakh PM instructed to implement housing construction target for this year
18 November, 2019 12:28

Kazakh PM instructed to implement housing construction target for this year

Government session, chaired by Prime Minister Askar Mamin, has reviewed the implementation of the Nurly Zher State Housing Construction Program and a project for 2020-2025, Strategy2050.kz reports referring to primeminister.kz.

Kazakh PM instructed to implement housing construction target for this year | Strategy2050.kz

Since the implementation of the State program in 2017, more than 3.3 trillion tenge was invested in housing construction, of which 85% is the money of private investors. About 33.5 million square meters have been built, which allowed to provide housing for about 300 thousand families.

For the first time, such new mechanisms were implemented in the Program as the construction of rental housing for large families and working youth, preferential mortgages for low-income families, subsidies for private developers.

This year, the leading regions in housing construction are Kyzylorda, Aktobe, Turkestan regions, lagging behind and having problems with the development of allocated funds - Pavlodar, Atyrau, Mangistau regions and the city of Nur-Sultan.

“First President of Kazakhstan, Elbasy Nursultan Nazarbayev emphasized the importance of implementing the Nurly Zher program, which gives a powerful impetus to housing construction”, A. Mamin said.

The Prime Minister instructed to ensure the implementation of the target for the current year - the construction of 13 million square meters of housing.

“Head of State Kassym-Jomart Tokayev in his election programme and state-of-the-nation Address pointed out the need to unite existing housing programs within the framework of a single housing policy and commissioned to develop the “Nurly Zher” State program until 2025”, Mamin stated.

The Prime Minister noted that the new “Nurly Zher” state program will allow each Kazakhstani citizen to solve the housing problem depending on their income level.

Along with solving housing problems, the project will provide the population with high-quality drinking water, modernization of housing and communal services infrastructure, and repair of the housing stock.

Askar Mamin instructed to ensure the adoption of the draft state program by the end of this year.,