Transformation of the Institute of Public-Private Partnership in Kazakhstan

Abstract

The purpose of the study to determine the main stages of the development of the functioning of public-private partnership (hereinafter – PPP) in Kazakhstan and to assess the PPP based on the analysis of the experience of the Kazakh PPP model.Methodology. The scientific article uses the works of foreign and domestic scientists, regulatory legal acts and other official sources. The study uses a systematic approach and a method of comparative analysis.Originality / value of research. The value of the research lies in the practical significance of the scientific results, namely, the improvement of the institutional and legal mechanisms of PPP for the interaction of government agencies and business entities in order to increase the efficiency of the implementation of infrastructure and socially significant projects.Findings. Research results allowed us to determine how important it is to study the institutional and legal basis of the PPP mechanism in order to attract private and additional investments. Through a comparative analysis, the main stages of the development of public-private partnership in Kazakhstan are identified, an assessment of institutional and legal aspects is given and the main directions for improving the development of this tool are identified. The practical significance lies in the fact that the research materials can be used to obtain practical recommendations, taking into account the specifics of PPP projects in Kazakhstan.