Why is the construction industry of Kyrgyzstan?
· The real estate market of Kyrgyzstan is entering a stage of dynamic growth.
· The current need for living space is 120 million square meters with 87 million square meters
available.
· Preferential taxation system for the construction of residential areas - 900 som / m2 (~ 13USD /
m2). This is 1.5% of revenue, which is less compared
with other sectors of the economy.
· Top 10 reliable construction companies. There are more than 120 small construction companies
operating on the market.
· The current annual volume of the construction market is about $ 0.5 billion - this is 8.5% of GDP.
Favorable legislative initiatives.
· Annual GDP growth on average - more than 16%
Construction sector in the economy
Why Bishkek?
The high demand for real estate in Bishkek is 17.4 million square meters, or about 320 thousand
apartments.
Concentration of labor resources as a result of active internal migration.
Currently, there are 23 large shopping centers in Bishkek.
High demand for the construction of universities and medical institutions.