EURASIAN STAR LOGO
Geo Politics KZ

Kazakhstan: Government starts implementation of President’s infrastructure initiatives

Prime Minister of Kazakhstan Olzhas Bektenov on March 18 held a meeting on the implementation of instructions of the Head of State Kassym-Jomart Tokayev to improve the quality of life in the country, announced at the third meeting of the National Kurultai (Congress) on March 15.

On the issue of repair and modernisation of the infrastructure of the housing and utilities sector, the President instructed to repair 55 operating heat sources and modernise at least 6,500 km of engineering networks. For these purposes, 650 billion tenge of investments will be attracted.

In order to solve the task of providing citizens with housing, the Government plans to quadruple the volume of commissioning of rental housing with the right to buy for those on the waiting list, including socially vulnerable segments of the population. An additional 272 billion tenge will be allocated for this purpose. On the instructions of the Head of State, Otbasy Bank will launch a new preferential program with the allocation of mortgage loans to the amount of 300 billion tenge. The new program will be open to working youth, young families, recipients of housing payments, bank depositors, residents of single-industry towns, district centres and rural settlements. In the first year, the new program is expected to provide housing for 12,000 families. Overall, a record 18 million square metres of housing will be built this year.  

As for the development of the country’s road network, the Government has planned to repair and build 2,500 kilometres of roads in addition to the current works. About 1 trillion tenge of investments will be allocated for these purposes. This will make it possible to increase the share of republican roads in good and satisfactory condition to 93 per cent, as well as to create 24,000 jobs.

In order to increase the level of gasification of settlements, the Head of State has set a task to modernise at least 1.7 thousand km of gas pipelines. This will ensure access of more than 300,000 citizens to natural gas. The Government will gasify 87 settlements this year instead of 46 planned. More than 63 thousand people will be provided with gas.

“We must ensure timely implementation of large-scale infrastructure initiatives of the President. I instruct each minister and akim, the management of national companies to monitor the work on a daily basis. Citizens should feel real changes,” the prime minister said.

Leave a Reply

Your email address will not be published. Required fields are marked *