GOVERNMENT CHANNELS 2.1 TRILLION SOUMS TOWARDS CONSTRUCTION OF AFFORDABLE HOUSES

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January 3, 2017

GOVERNMENT CHANNELS 2.1 TRILLION SOUMS TOWARDS CONSTRUCTION OF AFFORDABLE HOUSES

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The National press center of Uzbekistan saw a press conference by JSCB “Qishlok Qurilish Bank” on “New patterns of Independence: achievements, experience, practice and problems in the construction of individual housing on standard projects”.

Participants of the event noted that creative work for upgrading rural infrastructure, that was started under the leadership of President Islam Karimov in the years of Independence, has won widespread importance in the framework of the State Programme, and serves to the improvement of our villages on the basis of modern architecture industry, as well as the quality lifestyle of the rural population.

The years 2009-2016 saw a targeted work on the creation of housing, social and community objects and communications in rural areas. Some 69 thousand comfortable houses with a total area 9573 thousand square meters have been built over the past period at 1308 residential areas. Living conditions of more than 83.5 thousand rural families have been improved.

The Decree of the President of the Republic of Uzbekistan Shavkat Mirziyoev “On the Programme to build affordable houses on the updated model projects in rural areas in 2017-2021 years”, signed on 21 October this year, has become a logical continuation of large-scale reforms implemented in this direction and laid the foundation for a new stage of construction of villages. According to the Decree, based on the growing needs of the population to modern and affordable housing, the most favorable terms of concessional lending are being introduced. Further expansion of the use of new energy-saving materials and equipment will serve to reduce the cost of new housing and the establishment of affordable prices for all segments of the population.

Following new types of available houses in the countryside have been introduced in accordance with the Decree: two – and three-story multi-family (2-and 3-bedroom) residential buildings with outbuildings and yards; single-storey 2-and 3-bedroom houses placed in areas on the land plots of 0,02 hectares with outbuildings; two-storey 4-bedroom semi-detached houses that are placed on the land plots of 0,04 ha, with outbuildings.

Under the new Program, the initial fee for developers for first and the second type is only 15 percent. And this, in turn, will help to attract broad segments of the rural population to the Programme.

2 trillion 121.5 billion soums will be channeled towards the funding of the Programme only in 2017. Credit funds at the expense of own funds of developers will worth 478.9 billion soums, as well as 1642.6 billion soums at the expense of the state budget and commercial banks.