Kazakhstan will need 3.2 trillion tenge in investments to relocate owners of 4,200 dilapidated and emergency apartment buildings, according to infohub.kz.

Kanat Mynbayev, Deputy Chairman of the Committee for Construction and Housing and Communal Services under the Ministry of Construction, said at a briefing at the Central Communications Service that, according to local authorities, there are 4,200 dilapidated and emergency apartment buildings in the country. Renovating them—meaning relocating apartment owners to new housing—will require 3.2 trillion tenge.

Earlier, President Kassym-Jomart Tokayev set the task of providing new housing for 40,000 owners of emergency and dilapidated housing. To attract developer investors, amendments were made to the Land and Construction Codes as well as several laws. They provide various mechanisms for buying out old housing, including a new instrument.

The new instrument is a guarantee from a single operator. It allows developers to carry out renovation through an equity participation mechanism. The Kazakhstan Housing Company (KHC) will provide equity holders with a guarantee that their housing will be completed in any case.

Residents of dilapidated houses will be able to transfer their apartments on a 'room for room' basis, while developers will be able to use KHC guarantees. In this case, the developer signs an agreement with the housing company, negotiates with owners, collects their signatures for property transfer, applies to KHC for a guarantee agreement, then demolishes the old housing and builds new.

The Committee for Construction also reported on the progress of renovation. From 2023 to 2025, Kazakhstan demolished 291 emergency apartment buildings, and 4,996 owners received new housing. During this period, 132 new buildings were constructed for relocation.

In 2023, 75 buildings were demolished against a plan of 77, and 52 new buildings were built. 1,010 owners received apartments. In 2024, 115 buildings were dismantled against a plan of 121, 80 new apartment buildings were erected, and 1,381 owners were provided with housing. In 2025, 101 buildings were demolished against a plan of 227, of which 62 were funded by private investors and 39 by local budgets. 2,605 owners received new housing.

In 2026, authorities plan to demolish 224 emergency apartment buildings. To date, 44 buildings have been dismantled. Relocation of owners continues using local budget funds, through compensation payments and purchase of housing on the secondary market.

It was previously reported that, despite the new renovation program, more than 43,000 residents of Almaty continue to live in dilapidated houses.