The authorities in Kyrgyzstan have reportedly introduced stringent new limitations targeting the country's construction industry. Under a directive signed by Construction Minister Nurdan Oruntayev, companies are now legally barred from selling apartments, launching advertising campaigns, or collecting funds from citizens until all underground construction works are fully completed.
The regulation specifically targets the so-called "zero cycle" phase, which encompasses foundation laying and all subterranean operations. Until this initial stage is officially finished, developers are forbidden from signing shared-construction agreements, preliminary contracts, or promoting their projects in any media, a move that critics suggest could create significant hurdles for the market.
The State Department for Architecture and Construction Control has been tasked with cracking down on violations, including premature sales and illicit advertising. While the ministry claims these measures are designed to safeguard buyers' financial interests, the sudden restrictions highlight ongoing instability and state intervention in the regional real estate sector.
Source: kun.uz