New website monitors Nurly Zher housing construction progress

ASTANA – Baiterek Development recently launched a website to monitor housing construction. The website is funded by the Nurly Zher state housing construction programme.

Photo credit: strategy2050.kz.

Photo credit: strategy2050.kz.

Baiterek Development, a subsidiary of Baiterek Holding, operates the Nurly Zher affordable housing programme. The Nurly Zher land and housing development programme offers mortgages for qualified citizens at low interest rates.

“The website for monitoring construction of facilities in the regions and a situation centre, with the proposed name Nurly Zher Situation Centre, was established,” said Nurzhan Nurlanov, Baiterek Holding managing director and member of the board.

The website is intended for local executive bodies, who in accordance with the cooperation agreement for housing construction, will post information on the construction progress of residential facilities in digital format.

“The solution developed by our partners will allow us to carry out a comprehensive monitoring of not only the housing under construction, but also monitor existing facilities. We will see the expenditure reports by the akimats (regional government), how much housing was sold in the region and at what cost,” said Altai Kuzdybayev, Baiterek Development deputy chairman.

According to Kuzdybayev, the new software will allow the company to remotely monitor all buildings under construction in real time.

All information is displayed in an interactive situation centre. Access to the system will be provided to the Ministry for Investments and Development, its Committee for Housing Construction and Communal Services and other interested state agencies.

Since the start of the Nurly Zher programme, 3,556 loans totaling 37 billion tenge (US$107 million) have been approved.