Kazakhstan is set to introduce a new subsidized mortgage program, but it won't be accessible to everyone.

For instance, the demand for personnel in sectors overseen by the Ministry of Industry and Construction exceeded 39,000 individuals. The greatest shortage is observed in construction and water supply (requiring over 17,000 specialists), as well as in the manufacturing industry (6,800), metallurgy, and mining (4,600).

New specialists must be in demand in the market. The government has already doubled the funding for training in colleges. New educational programs are being introduced to meet international standards. Additionally, in collaboration with the Akimat of the city of Astana, a competence center is planned to be established.

At the same time, measures must also be taken by businesses, employers, and investors. The “Samruk-Kazyna” fund should take a more active role in this effort.

“We need to promote the best corporate practices for social support of the workforce, expand and introduce new incentives for them. I instruct the ministries of industry, energy, transport, agriculture, and water resources to work together with enterprises, akimats, and Otbasy Bank to develop issues related to launching preferential programs for mortgage and rental housing for the workforce,” said Bektenov.

He tasked the Ministry of Culture and Information with conducting a large-scale information campaign to explain the importance of skilled professions for the country’s economy.