CONCESSIONS IN THE REPUBLIC OF KAZAKHSTAN
https://doi.org/10.26794/2587-5671-2014-0-3-105-113
Abstract
The relevance of the subject addressed is to a great extent due to the fact that the public-private partnership in the form of a concession creates a substantial added value in the country’s development. Concessions solve national-scale tasks by efforts of private capital. The efficiency of a concession in the solution of tasks set by the state depends on whether the business has long-term interests. The paper analyzes relevant statutory regulations governing the concession agreements, describes the current system of concession bidding in Kazakhstan and brings the domestic experience of concession project implementation to a system. Based on the revealed problem scope, the author proposes ways to enhance the efficiency of concession projects.
References
1. Funds Allocation for Creation and Modernization of the Utilities Sector Infrastructure. In Support of the Public-Private Partnership. The French experience / ed. J. — Y. Perrault and G. Chastellux. Paris, 2001.
2. Varnavsky V.G. Concession Mechanism of Partnership between the Government and the Private Sector: a Monograph. Moscow: MPSF, 2003. 270 p. (in Russian).
3. Villisov M.V. Public-Private Partnership: Political-Legal Aspect // Vlast (Power). 2006, no. 7 (in Russian).
4. Kubarev Ye.N. A Program of LongTerm Socio-Economic Development of Russia: Energy Problems // Problemy Sovremennoi Ekonomiki (Problems of the Modern Economy). 2008, no. 3 (27) (in Russian).
Review
For citations:
Matayev T.M. CONCESSIONS IN THE REPUBLIC OF KAZAKHSTAN. Finance: Theory and Practice. 2014;(3):105-113. (In Russ.) https://doi.org/10.26794/2587-5671-2014-0-3-105-113
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