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EBRD to fund installation of heat meters in Kazakhstan

ASTANA (TCA) — The European Bank for Reconstruction and Development (EBRD) is continuing to support Kazakhstan’s strategic goal to improve energy efficiency and promote sustainability, known as the “green economy” strategy, with a new financing under the Bank’s own Green Economy Transition approach (GET). Continue reading

‘Affordable housing’ unaffordable for most public sector employees in Kyrgyzstan

BISHKEK (TCA) — On February 25, Prime Minister of Kyrgyzstan Sooronbai Jeenbekov congratulated a Bishkek secondary school teacher, Saiqal Sadirova, who is a participant of the Government’s Affordable Housing 2015-2020 program. Continue reading

Kazakhstan developing new housing program

ASTANA (TCA) — At the Government meeting on December 12, Kazakhstan’s Minister of National Economy Kuandyk Bishimbayev said that the new program’s priorities are the support of mortgage lending through mortgage loans subsidies and encouragement of private developers to increase construction of new housing, the official website of the Prime Minister of Kazakhstan reported. Continue reading

Kyrgyzstan’s affordable housing program leaves borrowers disappointed

BISHKEK (TCA) — The program of the Government of Kyrgyzstan "Affordable Housing 2015-2020" will soon give positive results, Prime Minister Sooronbai Jeenbekov said at a Government meeting on November 28. Continue reading

Construction industry in Kyrgyzstan: corruption and unaffordable housing

BISHKEK (TCA) — It seems that Kyrgyzstan’s State Agency for Architecture and Construction (Construction Agency) is interested in corruption continued, a Government anti-corruption experts group says. Continue reading

Kazakhstan housing prices go up

ASTANA (TCA) — Prices of new and existing housing went up by 13.6 percent and 10.6 percent year on year respectively in Kazakhstan in June 2016. New housing cost KZT 252,700 per square metre and existing housing was worth KZT 191,400 per square metre (KZT 1=$343 on Aug. 17). The difference in prices on the primary and secondary property markets (25%) did not practically change over the past year (22-23% now), Ranking.kz reports. Continue reading