2023-2029 Residential and Communal Infrastructure Development Concepts, approved by Decree of the Government of the Republic of Kazakhstan No. 736 dated September 23, 2022

Name

2023-2029 Residential and Communal Infrastructure Development Concepts

Basis for concept developing

Decree of the President of the Republic of Kazakhstan No. 521 dated February 26, 2021, titled "On Amendments to the Decree of the President of the Republic of Kazakhstan No. 636 dated February 15, 2018, titled "On the Approval of the Strategic Plan for the Development of the Republic of Kazakhstan until 2025 and the Revocation of Certain Decrees of the President of the Republic of Kazakhstan";

Decree of the President of the Republic of Kazakhstan No. 812 dated February 21, 2022, titled "On approval of the Territorial Development Plan of the Republic of Kazakhstan until 2025";

Decree of the President of the Republic of Kazakhstan No. 1008 dated September 13, 2022, titled "Just State. United Nation. Beneficial Society";

Decree of the President of the Republic of Kazakhstan No. 2 dated November 26, 2022, titled "On measures to implement the pre-election program of the President of the Republic of Kazakhstan "Fair Kazakhstan - for all and for everyone. Now and forever";

Decree of the Government of the Republic of Kazakhstan No. 790 dated November 29, 2017, titled "On approval of the State Planning System in the Republic of Kazakhstan";

Pre-election program of the Amanat Party titled "Path of change: a worthy life for everyone!".

The government body responsible for the concept development

Ministry of Industry and Infrastructure Development of the Republic of Kazakhstan

The government bodies responsible for the concept implementation

Ministry of Industry and Infrastructure Development of the Republic of Kazakhstan

Ministry of National Economy of the Republic of Kazakhstan

Ministry of Finance of the Republic of Kazakhstan

Ministry of Ecology and Natural Resources of the Republic of Kazakhstan

Ministry of Information and Public Development of the Republic of Kazakhstan

Ministry of Agriculture of the Republic of Kazakhstan

Ministry of labor and social protection of the population of the Republic of Kazakhstan

Ministry of Energy of the Republic of Kazakhstan

Ministry of Science and Higher Education of the Republic of Kazakhstan

Akimats of regions and cities of Astana, Almaty, and Shymkent

National Chamber of Entrepreneurs (by agreement)

Baiterek Holding JSC (by agreement)

Kazakhstan Housing Company JSC (by agreement)

Otbasy Bank JSC (by agreement)

KazCenter ZhKH JSC (by agreement)

KazNIISA JSC (by agreement)

Gosgradkadastr RSE (by agreement)

Gosekspertiza RSE (by agreement)

Implementation term

2023 – 2029

 Results achieved as of November 1, 2023

The Kazakhstan Housing Company has provided guarantees for 38 shared construction projects, amounting to 135.7 billion tenge, encompassing a total area of 469 thousand square meters. This initiative has safeguarded the deposits of 5,678 shareholders.

The Kazakhstan Housing Company acquired bonds issued by local executive bodies, amounting to 100.7 billion tenge, to fund the construction of credit housing in Kazakhstan.

The Kazakhstan Housing Company facilitated the provision of 285 rent-to-purchase apartments for individuals on the waiting list of local executive bodies.

The Kazakhstan Housing Company subsidized the interest rate on loans to private real estate developers, totaling 9.8 billion tenge. It facilitated the construction of 1,220 apartments worth 17.5 billion tenge.

By subsidizing rental payments, Otbasy Bank facilitated the conclusion of 12,628 rental agreements. These agreements enable socially vulnerable citizens, as defined by housing legislation, to receive assistance for renting accommodations in private housing stocks.

On June 13, 2023, Otbasy Bank introduced a database of landlords on its website www.otbasybank.kz. This platform serves as a channel for submitting and processing subsidy applications for citizens falling within socially vulnerable categories.

As part of state support for citizens on the housing waiting list, including socially vulnerable citizens, Otbasy Bank disbursed 5,978 loans at preferential interest rates of 2% and 5%, totaling 63.75 billion tenge.

Otbasy Bank offers preferential mortgage loans to young citizens and residents of single-industry towns. In the first 10 months of 2023, a total of 1,991 loans were disbursed, amounting to 33.1 billion tenge.