During the meeting, Pavel Kazantsev emphasized the uniqueness of the Message of the Head of State "Third Modernization of Kazakhstan: global competitiveness." Deputy of the Parliament noted that large scale of the document explains the report format, which the President chose this year.
Pavel Kazantsev said that "Baiterek" Holding is "focused on implementation of the tasks set by the Head of State" and is the operator of "Nurly Zher" housing program. On the instructions of the head of state, the construction sector must become a full driver of the domestic economy, and the "Nurly Zher" program should solve the most important task - to provide housing for 1.5 million households in the next 15 years.
Comprehensive measures for the development of housing market are set out in "Nurly Zher" program: reduction of costs of the loans to developers at the expense of state subsidies through a subsidiary of Holding Company, "Damu" Entrepreneurship Development Fund" JSC. Mortgage loans, issued by banks, will be subsidized through Holding Company, "Kazakhstan Mortgage Company" JSC. Mayor’s offices will continue the construction of credit housing for depositors of a subsidiary of Holding Company, "Housing Construction Savings Bank of Kazakhstan" JSC.