BISHKEK, Kyrgyzstan, October 18. The construction of a new residential complex has begun in Kyrgyzstan's Bishkek, Trend reports.
President Sadyr Japarov has thrown down the gauntlet by laying the foundation stone for the "Yntymak" residential complex, a venture being cooked up by the State Mortgage Company.
The project will be a towering achievement, featuring 18-story buildings spread across 18 hectares, boasting a grand total of 8,100 apartments. The complex will boast all the bells and whistles, including roads, a school, two kindergartens, green spaces, and parking facilities to boot. The first floors will be home to commercial spaces, where the rubber meets the road.
Half of the apartments in the new complex will be allocated under favorable conditions for social workers, while the other half will be available to migrants and other citizens, provided they contribute 50 percent towards the construction costs. The president said that this prepayment requirement is intended to expedite housing construction for other citizens waiting for their turn.
Japarov stated that over 40,000 residences are now under construction across the country, with a total space of 2 million square meters. He mentioned that multi-story structures are being built in regional cities and that construction will commence in district centers and smaller towns next year.
"A special program has been developed to simplify access to housing for socially vulnerable groups. Under this program, housing will be offered on favorable terms, without a down payment, and with options for long-term purchase," said Japarov.
The president stressed that efforts are underway to offer housing for residents who do not own a home, especially migrant workers abroad. He stated that as of today, there are 22,573 persons on the housing waiting list in Bishkek and 15,400 in the provinces. He asked individuals to register for homes not only in the city, but also in the surrounding districts.
According to Japarov, the government is pulling out all the stops to make sure that everyone in need can find a roof over their heads by 2028.