Necessary to improve housing construction quality, President Tokayev

The Head of State specified one of the headwinds faced by the construction sector, Kazinform News Agency reports.

Corruption remains one of the factors that hinder the development of the construction sector, and the country’s economy at large. The Head of State had previously stressed the need for an uncompromising struggle against corruption which led to positive developments. It is necessary to move on, in particular, to introduce digital technologies. Several information systems are working in the construction sector. It is essential to provide complete transparency and monitor the proper use of the funds. It is crucial since withdrawal lowers the quality of housebuilding and requires extra-budgetary funds.

The Head of State assigned the Anti-Corruption Agency, Government, and National Bank to scale up the development of digital currency projects, including in the construction sector.

The Head of State underscored the need to raise housing construction quality since people’s safety is a top priority.