Housing construction growth in Kazakhstan in 2014 amounts to 10%
Astana, Kazakhstan, Feb.1
By Daniyar Mukhtarov - Trend:
Kazakh construction companies in 2014 commissioned 7.5 million square meters of new housing, which is a historical maximum in the number of proposals on the primary housing market of the country, said a statement of analytical service Ranking.kz.
"In 2014, Kazakh companies commissioned 672,200 square meters of housing (10 percent) more than in 2013," said the statement.
The positive construction trend is observed in 15 regions of Kazakhstan, according to the report. More than one third of the constructed housing in Kazakhstan accounted for megalopolises.
An absolute record in terms of construction belongs to Almaty. The annual growth in the commissioning of housing in Almaty has reached 60 percent (from 498,800 square meters to 1.3 million square meters).
The second place belongs to Pavlodar region, where the increase amounted to 24 percent. It is followed by Mangistau region, where 586,400 square meters of housing (10 percent growth) were commissioned.