Kyrgyzstan’s State Mortgage Company (ГИК) will cease construction of residential housing in Bishkek, Osh, and regional centers, according to President Sadyr Japarov. The announcement was made during a meeting with residents of the Naryn region. The move signals a change in the government’s approach to housing development. No specific reasons were cited for the decision, but it suggests a potential restructuring of the state’s role in direct housing construction. This impacts planned projects in the country’s largest urban areas. Further details regarding future housing initiatives and the rationale behind this policy shift are expected to be released. The change may influence private sector involvement in these regions.
