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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Two million sq.m of affordable housing to be built in Kazakhstan in 3-4 years

Posted on 17 August 2011

Samruk-Kazyna Sovereign Wealth Fund in cooperation with private partners is ready to construct 2 million square meters of housing within 3-4 years, the Fund’s Deputy Chairman Kuandyk Bishimbayev said.
According to the top-manager, there is currently a slight raise of prices at the real estate market. Owing to the prices rise and striving to prevent deficiency of primary housing, the Government is preparing a new program of residential construction that will continue the anti-crisis part of “Rented housing” program that is close to completion stage right now……………………………………….Full Article: Source


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