12-14 April 2011
Bishkek, Kyrgyzstan
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Market update

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  • The Kambarata-1 and Kambarata-2Construction Projects will be the main of all national projects as it can become the engine to heat up the economy of Kyrgyzstan, revive the labour market, build the respective infrastructure, import investments for economic upgrade, and increase public revenues by providing services for the would-be giant of the power sector. Construction of this facility is expected to cost at least USD 1 billion 2009-2011.
  • The Kyrgyz Republic has accepted the Housing Construction Development Concept until 2010.
  • The construction industry of the Kyrgyz Republic includes more than 1,600 construction enterprises.
  • Despite the crisis, the growth in the construction industry in Kyrgyzstan was 5-6% in the first quarter of 2009.
  • Housing prices in Bishkek vary from USD 800 per square meter and higher, depending on the type and higher, depending on the type and location of the residential compound.
  • About 70,000 m2 are expected to be commissioned in 2010 on the northern shore of Lake Issyk-Kul.

Date: Tuesday, October 6, 2009
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