Construction under new housing program to begin on Jan 1 - Sagintayev
13:00, 20 November 2014
ASTANA. KAZINFORM - Construction of houses under the new housing program will start in January 2015, announced First Deputy Prime Minister of Kazakhstan Bakhytzhan Sagintayev on Thursday.
"Currently we are working on the amendments to the program that will become effective in December. Construction under the new housing program will kick off on January 1, 2015 across the country," Mr. Sagintayev said. ""Kazakhstanskaya ipotechnaya kompaniya" JSC will be the operator of the rental housing program. We plan to commission at least 1 million square meters of housing within the framework of the program," he elaborated. According to Sagintayev, 145 billion tenge allotted from the National Fund and funds earmarked by the Government within the Affordable Housing 2020 program are to be channeled into the new housing program. "The total volume of funds allocated for the program is expected to make 250 billion tenge," he concluded.