Financial support questions of investment projects of public-private partnerships in Kazakhstan
In the article the questions of organization of state-private partnership are examined as an instrument of cooperation of the state and business. Except the mechanism of concession it is necessary to apply other forms of public private partnership. PPP is considered as a set of medium-term or long-term relationship between the public and the private sector to provide socially significant works or services for the design; finance; construction; reconstruction; rehabilitation; operation; services on the basis of compliance with the basic principles of PPP. Further perfection of methodology, preparations and examinations of concession projects is offered. Some attention is paid to the legal basis of PPP in Kazakhstan. The legal framework of public-private partnership is the Constitution of the Republic of Kazakhstan, the Law «On Concessions», etc. The necessity of creating a specialized organization for PPP and characteristics of the Centre’s activities support public- private partnerships. The author rightly points out that the duration and complexity of project planning and preparation make PPP projects unattractive for investors and government agencies, especially at the regional level. It is suggested to use other forms of Public private partnership except for the concession mechanism as well.