During the press conference following the Government meeting, First Deputy Minister of National Economy Ruslan Dalenov elaborated on the advantages of the new mechanism for the development of public-private partnership - framework PPP.

R. Dalenov said that at the beginning of this year the Ministry of National Economy has developed standard documents on the main targets of public-private partnership that allow investors to calculate in advance all the nuances of forthcoming cooperation with local executive bodies and parameters of possible projects.

“We have named the new mechanism the PPP framework. Its essence is that sectoral programs describe in advance the names of projects, prices and conditions. Business will not have to prepare unnecessary concepts, go through unnecessary examinations. Entrepreneurs will know in advance what revenues can be expected, if, for example, one chooses a kindergarten or a hospital under a PPP contract,” – the Deputy Minister explained.

He noted that the PPP framework will be implemented in the form of a public offer, and the conclusion of contracts will be very simple.

According to R. Dalenov, the PPP framework will dramatically increase the number of public-private partnership projects, and will accelerate the privatization program. This is due to the fact that the transfer to PPP is one of the forms of transferring state owned facilities to private property.

www.primeminister.kz

Published: 17 October 2017

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