Builders are reimbursed for the cost of loans to pay subsidies up to 7%.

“The program“ Nurly Zher ”provides for the stimulation of housing construction by private developers,” said the Minister for Investment and Development of Kazakhstan Zhenis Kasymbek at a press conference in the CCS following the implementation of the state program “Nurly Zher” for 8 months of the current year.

According to the Minister, developers are reimbursed for the costs of loans by paying subsidies up to 7%.

“The main developer to get the approval of the bank. After that, the Akimat will help in obtaining subsidies, ”explained Zhenis Kasymbek.

At the same time, he stressed that 50% of the constructed housing will be sold to investors of Zhilstroysberbank at a fixed cost.

According to the minister, on September 1 of this year. 72 projects were received from construction companies in the amount of 70.4 billion tenge, of which 45 projects have already concluded subsidy agreements in the amount of 42.8 billion tenge.

"Provided input 120.0 thousand square meters. m housing, "- said the speaker.

Also, Zhenis Kasymbev informed that it is planned to commission 600 thousand square meters by 2020. m housing. 50% of such housing will be sold to Household Savings Bank investors at a fixed price.

It should be noted that prices in the cities of Astana and Almaty - up to 260 thousand and regions - up to 220 thousand tenge.