18:36, 27 February 2009 | GMT +5
If construction companies do not join state programs they will be bankrupted ? Kelimbetov
ALMATY. February 27. KAZINFORM /Daniyar Sikhimbayev/ Chairman of ?SamrukKazyna? National Welfare Fund Kairat Kelimbetov considers that the country?s construction sector has collapsed due to irresponsibility of the heads of the companies who didn?t estimated possible risks. He announced this at today?s sitting in Almaty today, Kazinform reports.
?You collected money from the equity holders, deceived them and froze construction?, he said. You mared your and all people market.Therefore, we can not speak about the role of the construction industry, its contribution to gross domestic product.
?We have certain segment schemes in our work with you. If you choose the first scheme we will work with the banks. If you don?t, we will work out the second scheme, then the third one. But if you don?t support any of them, you will hold responsibility to the equity holders. We will just take your houses and complete their construction?, the Chairman of the Fund warned.
As it is known, the Government proposed construction companies three schemes of housing ? at fixed and market prices and rental housing through the Fund.