Home sales jumped 15% in Kazakhstan in 2016

Vitalie Iambla, Construction Analyst, PMR
Home sales and construction activity in Kazakhstan continue to boast significant growth. The determination of Kazakh officials with regard to innovation, investment and reform have, along with substantial reserves and the free-float regime, been sufficient to continue with the extensive housing and transport infrastructure projects envisaged in the “Nurly zhol” infrastructure programme and in the “Regions Development Programme until 2020”. In part, because of this commitment, Kazakhstan observed an almost 8% surge in construction output last year, following an increase in excess of 4% in…

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