Real estate market?s stabilization discussed in Kazakh Government

ASTANA. February 16. KAZINFORM Regular session of the working group on the issues of stabilization of the real estate market, chaired by Kazakh Deputy Prime Minister Umirzak Shukeyev has been held today in Ukimet Uiy, Kazinform refers to the Governmental press service.

Reps of state bodies, ?Samruk Kazyna? National Welfare Fund? JSC, the Association of the real estate developers and second-tier banks took part in the session. Deputy CEO of ?Samruk Kazyna? Fund Kairat Aitekenov reported on realization of antirecessionary measures, in particular, signing of agreements between the Fund and second-tier banks on cooperation in implementation of mechanisms of real estate market?s stabilization. Mechanism of consumer loans for housing purchase at open price was developed. In accordance with ?Samruk Kazyna? Fund, credit agreements between ?Damu? Entrepreneurship Development Fund? JSC and 9 developers are being prepared for signing. Akimat of Astana, the Kazakh Ministry of Industry and Trade informed on accomplished construction works in Astana during two weeks.