President Nazarbayev Surveys Construction of Independence Palace
OREANDA-NEWS. October 23, 2008. The Palace of Independence will be an integral part of the architectural complex that includes the “Kazakh Yeli” (Kazakh Country) Monument and the "Shabyt” (Inspiration) Art Center, reported the Official website www.akorda.kz.
The three-storied building includes large event hall that seats 4,500, conference halls, spaces for official ceremonies and press conferences and a restaurant. The total cost of the project accounts for KZT 12 billion.
When the Palace of Independence is put into commission it will become an important cultural center of Astana.
In order to support construction sphere and strengthen the country’s economy the Government of Kazakhstan under the President’s instructions provides financial assistance to construction companies. KZT 107 billion was allocated to Astana.
A number of new objects will be put into commission till the end of this year. The “Green Village” and “Capital” housing complexes with built-in shopping premises and garages are among them.