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SECTION NEWS
06/04/16 12:07  MPs adopt Budget Code

Economy-class apartments to be built in 7 regions of Kyrgyzstan, Bishkek within “Affordable Housing” program  

18/03/16 11:16, Bishkek – 24.kg news agency, by Nargiza OSMONOVA

Economy-class apartments within "Affordable Housing" program will be built not only in 7 regions of Kyrgyzstan, but also in Bishkek. This was announced today at a meeting of Kyrgyzstan faction, where the state mortgage terms were discussed.

As the head of the State Mortgage Company Baktygul Zheenbaeva said, there was announced a tender for the construction of housing in the seven regions of the Kyrgyz Republic, financed by the Russian-Kyrgyz Development Fund. "We have started negotiations with the management of the Fund also on the construction of flats in Bishkek, but due to leadership reshuffling, the process has stopped," she added, saying that the work in this direction would be continued.

However, the deputies noticed that the SMC could build housing by itself, without the services of a fund or bank. "It turns out that you simply redeem it, and the operating costs only amount to at least 5 percent. And if even city halls or heads of the local government bodies, where you intend to build it, go to meet you halfway  - allocate land on concessional terms, organize a free connection of communications, I think, the cost per square meter of housing would be $ 300, or even less," Salaydin Aydarov announced his calculations.

Other MPs cited the international experience, when construction companies were exempt from taxes in exchange for handing over some of the apartments to the state. "If we exempt our companies from certain taxes and oblige them with the transfer of at least 10 percent of housing, it is about 70 apartments, to the balance of the city, it will be very profitable. Because the short-received taxes will amount to the cost of 10 apartments, but not more, the benefit is obvious," the deputy Almazbek Baatyrbekov said.

His colleague Dastanbek Dzhumabekov offered SMC to study the experience of Turkey, which issues interest-free loans, actually just in installments, and not for 10 but for 20 and more years.


URL: http://eng.24.kg/parliament/179731-news24.html
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Exchange rate from 4 February
National Bank of Kyrgyz Republic
USD 69.4463
EUR 74.6131
RUB 1.1708
KZT 0.2156
UZS 0.0212
Weighted average exchange rate of som on February 3
USD 69.4300


Weather forecast
05.02.2017
  night day
Bishkek
-24...-18 -10...-5
Talas
-17...-14 -13...-7
Jalal-Abad
-14...-10 -11...-5
Osh
-16...-9 -8...-4
Batken
-12...-8 -8...-3
Naryn
-27...-24 -19...-12
Cholpon-Ata
-27...-20 -14...-11


GLANCE
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QUOTES

«When we ran in the elections, we said that would even get the moon and the sun from the sky ».
MP Kamchybek Joldoshbayev at a meeting of Parliament, February 2, 2017.

«What have you done besides sale of donkeys to China?».
Deputy Ryskeldi Mombekov to the head of State Inspectorate for Veterinary and Phytosanitary Safety Kalysbek Zhumakanov at a meeting of Parliament, February 1, 2017.
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