IMPROVING THE MECHANISM FOR COMPENSATING OPERATING COSTS OF STATE-PRIVATE PARTNERSHIP PROJECTS

Authors

  • Yerlan Assabayev

Keywords:

механизм ГЧП, проекты ГЧП, модели ГЧП, частный партнер, Концессия, центр ГЧП, государственный партнер

Abstract

In modern conditions, cooperation between the state and a private partner plays a key role in the development of social, transport, energy and other important infrastructures for the population.

The article discusses the implementation of public-private partnerships, provides an analysis of international practices and the current state of public-private partnership projects in the Republic of Kazakhstan. Given the dynamics of this area, the relevance of research on cooperation between government and private business is increasing annually. Currently, to create an investment climate in the Republic of Kazakhstan, the Government is creating conditions for attracting foreign resources to the country's economy, including paying special attention to the development of public-private partnerships.

The analysis of international experience shows that the Laws governing public-private partnerships require substantial improvements, especially regarding financing of a public-private partnership project, reimbursement of costs of public-private partnerships, as well as revenue generation by public-private partnerships.

The purpose of the article is to identify gaps in the legislation that impede the effective interaction of the state and the private partner. Recommendations on amendments to the Law on Public-Private Partnership and other regulatory legal acts of the Republic of Kazakhstan are proposed.

Settlement of these issues will allow solving a number of key problems, in particular, unloading the state budget, timely response to the growing needs of the population in infrastructure, development of private business, as well as provide an opportunity for the state to get innovative solutions from private investors.

 

Published

30.06.2020

How to Cite

Assabayev Е. А. (2020). IMPROVING THE MECHANISM FOR COMPENSATING OPERATING COSTS OF STATE-PRIVATE PARTNERSHIP PROJECTS. Scientific and Legal Journal «Bulletin of the Institute of Legislation and Legal Information of the Republic of Kazakhstan», 2(60). Retrieved from https://vestnik.zqai.kz/index.php/vestnik/article/view/170