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Public private partnership

The great Almaty ring road is the first road construction project in our country using public-private partnership.

 

The advantages of PPP are an increase in the number of infrastructure projects being created, an increase in the efficiency of allocation of resources by the state, provision of services that were not available before, active use of innovative solutions, transparency of financial flows, reduction of state expenditures and budget deficit, and risk sharing between the state and the private sector. For Kazakhstan, which has a favorable geographical location between Europe and Asia, the participation of PPPs in the implementation of infrastructure projects is particularly important.  In recent years, with the support of international financial institutions, the main factors contributing to the development of PPPs have been created: stable state economic policy, effective use of legislation.

 

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