Bishkek is discussing the possibility of transferring the 15-storey residential building in the Kok-Zhar residential complex in order to attract an investor and complete construction. This was reported by the press service of the Ministry of Construction, Architecture and Housing and Utilities. Construction of the residential complex at 197/2 Kuyruuchuka Street has not been completed since 2022.
Measures to complete construction and government action
Construction Minister Nurdan Oruntayev, acting on the instructions of Kyrgyz President Sadyr Japarov, held a meeting with the shareholders to discuss possible options for putting the facility into operation. The head of the ministry proposed considering transferring the facility to the ministry's jurisdiction with the involvement of an investor.
- The main goal of the initiative is to ensure the residential complex is put into operation and to prevent the shareholders from being left without housing
- The state does not aim to obtain any benefit from the implementation of this initiative
- The shareholders supported the proposal and expressed their intention to formalize written consent to the transfer of the facility to the ministry's jurisdiction in accordance with the procedure established by law
Kok-Zhar residential complex facility
In addition, the Ministry of Construction will send materials to law enforcement agencies for a legal assessment of the activities of the construction companies and for taking appropriate measures in accordance with the law.
