Kazakhstan to build 2mn m2 of affordable housing within 3-4 years.

By bne IntelliNews August 18, 2011
National welfare fund SamrukKazyna in cooperation with private companies is ready to construct 2mn m2 of affordable housing within 3-4 years, the funds deputy chairman Kuandyk Bishimbayev has said. He explained that the government was preparing a new program of residential construction that will continue the anti-crisis part of Rented housing program that is close to completion stage. Most of the problematic housing construction sites of 2008-2010 period were already completed. The new program will consider the balance of demand and offer in the real estate market. SamrukKazyna will be the most likely the new program operator.

Related Articles

Kazakhstan in talks with McDonald's.

Kazakhstan is in talks over McDonald's enter to the Kazakh market, President of the Eurasian Franchising Association, Beknur Kissikov has said. He added that the main reasons that McDonald's is ... more

Kazakhstan to establish institute for energy and energy effectiveness.

Kazakhstan will establish institute for energy and energy effectiveness, deputy PM and Minister of Industry and New technologies Aset Isekeshev has informed. The new entity should start operating ... more

Kazakhstan to diminish oil products imports from Russia.

Kazakhstan plans to diminish oil products imports from Russia, according to Kuandyk Kulmurzin Director of oil industry development department in Oil and Gas Ministry. He explained that the reason ... more

Dismiss