Development of Public-Private Partnership in The Republic of Kazakhstan

Topical issues of the development of Public-Private Partnership (PPP) in Kazakhstan are considered, describes the features of PPP as an effective mechanism for fulfilling the tasks of implementing global projects in various sectors of our republic – the economy, education, healthcare, transport and road infrastructure, housing and public utilities. The formation of a public-private partnership means that state institutions invite business structures for cooperation in order for them to participate in the implementation of global PPP projects. The process of relationships between the institutional environment, as a public and private partnership in national economies, is of no small importance, determining the current degree of dynamic development of economic relations (large-scale trends, geopolitical tensions, the post-industrial state and the factors of financial and production transformation that depend on it). World practice shows that mutually beneficial cooperation between state institutions and business structures, carried out in the form of PPP, is a highly effective tool for achieving a stable position for commercial entities and the public sector, that is, it creates favorable conditions for the implementation of social policy. A feature of the strategy in achieving economic goals and the development trend of the public-private partnership mechanism is to increase the efficiency of the development of projects in PPP. Infrastructure investment in PPP projects for businesses is presented to them as an investment opportunity that competes with various other investment options available. The PPP Review in Kazakhstan provides investors with information about the geopolitical situation, enabling environment and priority areas in projects in order for potential investors to make informed investment decisions. The research methods used are analytical, which allows studying the processes of forcing the PPP mechanism, increasing the role of state support, which has a beneficial effect on the public life of the population; observation and selection of facts – revealing the relationship between them. The authors present the results of the analysis of the project base of the public and private sectors at the macro and meso levels and identify priority areas for the implementation of contracts.