New many-storied houses to be constructed in old part of Tashkent
11/04/2015 18:17
New many-storied houses to be constructed in old part of Tashkent
11/04/2015 18:17
Tashkent, Uzbekistan (UzDaily.com) -- Fifteen new many-storied houses will be constructed at old part of Tashkent city due to loans of the commercial banks, the press service of the Central Bank of Uzbekistan said.
The houses will be built at Nurafshon street and its intersections with Farabi, Sagbon and Karasaray streets. Loans of National Bank of Uzbekistan, Asaka Bank, Uzpromstroybank, Ipoteka Bank and Bank Ipak Yoli will be attracted to construct houses.
According to the Central Bank, five houses will be experimental and financed due to loans of Ipoteka Bank and Uzpromstroybank.
The Cabinet of Ministers issued two resolutions on construction of houses at the old part of Tashkent on 5 and 27 March 2015.
The state property and construction objects will be pledge on attracted loans of the commercial banks, the resolution.
The resolution determined companies, which will carry out construction works and added that they will get loans up to 90% of construction cost from the banks at the rate, not exceeding refinancing rate of the Central Bank (currently 9%).
The loans are issued to construction time and after construction they will be re-registered as long-term loans to the homeowners.
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