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Cabinet of Ministers to build houses for state mortgage in Kyrgyzstan

The Cabinet of Ministers of Kyrgyzstan will itself build houses for the state mortgage. The President Sadyr Japarov said in his next interview with Kabar news agency.

According to him, 6,000 apartments will be built in Bishkek.

«Construction has also begun in the regions. We will build in Naryn at the expense of Kumtor and allocate housing through the State Mortgage Company. Jerooy sponsors the construction in Talas. 200 apartments will be built in Jalal-Abad. We allocate plots for the construction of houses in the centers of districts. The mortgage will be for 20 years,» Sadyr Japarov said.

The President noted that all houses will be built by the state.

«We have been allocating money to the State Mortgage Company for two years. They buy a square meter of housing for $750. If we build it ourselves, the square meter will cost $550. This is beneficial to both the people and the State Mortgage Company. Not only civil servants, but also ordinary citizens will get the mortgage. So you can get in line,» he said.