On the Constitution Day in Shymkent, a residential complex "Premiera" of 80 apartments was commissioned. This is the second facility, the construction of which was insured by the Housing Construction Guarantee Fund in this metropolis.

The ceremony was attended by the governor of Shymkent Murat Aitenov and Chairman of the Board of JSC "Housing construction guarantee fund" Dulat Zharlykapov. They congratulated the new settlers on the holiday and wished them warmth and comfort in their new homes.

Murat Aitenov noted that the construction of a new house was made possible thanks to the joint work of the "Housing construction guarantee fund" and Zhilstroysberbank of Kazakhstan.

The developer of the residential complex "Premiera" was "Ontustik Kurylys Service" LLP, the director of the company Asylzhan Kurtaev said that more than 200 people were involved in the construction of the residential complex.

It should be noted that today the mechanism for guaranteeing the deposits of equity holders has proven its viability and economic feasibility. The fund has guaranteed a total of 60 projects in different cities, which means reliable construction for more than 17 thousand investors.

“The Fund's guarantee ensures the safety of the investments of equity holders and the guaranteed completion of construction - we believe this is the main competitive advantage for the equity holder, but for the developer it means an increase in sales by increasing investor confidence,” stressed the Chairman of the Board of the JSC "Housing Construction Guarantee Fund" Dulat Zharlykapov.

The Fund's work is successfully aligned with the Nurly Zher Housing and Utilities Development Program. The fund aims to stimulate the volume of construction in the country, to make shared-equity construction more accessible to a wide range of citizens, so that as many Kazakhstanis as possible get the keys to their own housing.

"At this difficult time for the country, the state supports the sphere of shared-equity construction. Our citizens have the opportunity to purchase affordable and high-quality housing on more favorable terms, " said Dulat Zharlykapov

Thanks to the state support and control of the Fund, 24 housing complexes were put into operation on time. Hundreds of Kazakhstan families have already moved into their apartments.

The housing construction guarantee Fund plans to support other projects under construction in Shymkent. Chairman of the Board of the Foundation Dulat Zharlykapov signed a Memorandum of cooperation with the head of the Social and entrepreneurial Corporation "Shymkent" Baurzhan Kankin. The parties intend to encourage investment in the construction industry of the megalopolis through equity participation mechanisms. Developers and authorized companies whose activities in the field of housing construction may fall under the Fund's guarantees will also be involved in cooperation.

In the near future, the housing construction guarantee Fund and the Shymkent SEC plan to launch a joint pilot project, for which a selection will be made among the developers of the region. In the future, Shymkent SEC intends to expand the possibilities of financing and providing land plots to private companies for the implementation of new investment projects through the guarantee of housing construction.

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