Shareholders of the "Kochmon City" residential complex are waiting for help, promises from the State Investment Committee have not been fulfilled, - deputy

Ирина Орлонская Economy
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- During the plenary session of the Jogorku Kenesh on February 5, 2026, Deputy Elvira Surabaldiyeva voiced the problems faced by the investors of the "Kochmon City" residential complex, the construction of which was initiated by the company "Prime Holding," and later the project was handed over to the State Mortgage Company. These people are seeking assistance in resolving their difficulties.

She noted that after the transfer of the project to the State Mortgage Company, the investors were promised that their invested funds would be preserved, which was assured by the head of the Presidential Administration, Kanibek Tumanbaev.

“However, in 2025, all previously reached agreements turned out to be violated. The investors are requesting a prompt resolution to their problem,” she confirmed.

Deputy Head of the State Mortgage Company Nurlan Kudaykulov commented on the situation, stating that the company "Prime Holding" was unable to complete the construction, leaving 724 investors without housing.

According to him, the total amount of funds invested by the investors is about 400 million soms.

“The state has taken on all obligations to the investors; however, they must continue to make monthly payments in accordance with the terms of their contracts,” he added.

The deputy also mentioned that it was previously announced that housing would be provided for 7 years without interest, and then for 15 years at an annual rate of 8%, but now the conditions have changed.

She urged not to make promises to the public that are impossible to fulfill.
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