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Real Estate Fund Samruk-Kazyna placed a capsule in token of start of construction of a new residential house in Kyzylorda

On November 15, 2016 time capsule, indicating to the laying of the cornerstone of the new residential house No. 15 on Zhappasbay batyr street has been officially put in Kyzylorda as a part of the State Program of Regional Development till 2020. 

Akim of Kyzylorda Oblast, Krymbek Kusherbayev and Chairman of Management Board of Real Estate Fund Samruk-Kazyna, Baurzhan Mamytaliyev congratulated with the beginning of the construction of the residential house.   

- Today, we are placing a capsule into the foundation of the new house.  It is a good tradition - an official start of the project implementation. It is a symbolic capsule, being buried during the celebration of the 25the anniversary of Kazakhstan's independence. The project is going to be implemented with the help of financial support of Real Estate Fund Samruk-Kazyna upon the state Program of Regional Development till 2020.   Projected area of the residential house will be 13075.5 square metres. The project involves building of five-storied house consisting of 170 apartments, including:  two-room - 100 apartments and  three-room - 70 apartments, - as said Head of Real Estate Fund Samruk-Kazyna, Baurzhan Mamytaliyev.  

Housing construction is going to be carried out by Bak-Bereke 2030 LLP.   The company has rich experience in construction sphere, own production plant and qualified engineering manpower all providing large construction and installation works. 

Practical aspects of cooperative projects implementation, based on public-private partnership, are carried out by Real Estate Fund Samruk-Kazyna in other regions of the country as well. As a part of Program implementation, Real Estate Fund has concluded Contracts for financing 15 housing construction projects in 12 regions of the country to date (in the cities of Astana, Almaty, Aktobe, Taraz, Karaganda, Shymkent, Ust-Kamenogorsk, Kyzylorda, Aktau, Atyrau and Almaty oblast, Kokshetau). 

The Real Estate Fund Samruk-Kazyna  JSC was established in 2009 and is the largest developer and operator of state programs in Kazakhstan. Since 2016 the Real Estate Fund has been implementing "Nurly Zhol" program of support for private developers and construction of commercial housing. 

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