About PPP
Public-private partnership (PPP) is a form of cooperation between the state and business, based on pooling resources and distributing risks in order to create infrastructure or provide services to the population.
The main objectives of PPP are:
1) creating conditions for effective interaction between the public partner and the private partner in order to ensure sustainable socio-economic development of the Republic of Kazakhstan;
2) attracting investments into the economy of the state by combining the resources of the state partner and the private partner for the development of infrastructure and life support systems of the population;
3) increasing the level of availability and quality of goods, works and services, taking into account the interests and needs of the population, as well as other interested parties;
4) increasing the overall innovative activity in the Republic of Kazakhstan, including promoting the development of high-tech and science-intensive industries.
Many spheres (transport, education, health care, housing and communal services) in the republic are actively developing thanks to PPP. The widespread introduction of PPP is associated with the need to attract investment in projects, for the implementation of which there are not always enough budget funds, as well as with the need to attract private companies to the implementation of infrastructure projects, which will participate not only in the construction stage, but will also be responsible for the entire life cycle infrastructure object.