Experts from GRATA International contributed to the Cross-Country Review "The Legal Environment for Public-Private Partnerships in the Eurasian Region" prepared by the Eurasian Development Bank (EDB).
Experts from GRATA International — Vladimir Komarov, Lola Abdukhalykova, and Shaimerden Chikanayev (currently on a study sabbatical until 2026, not an employee of GRATA) — contributed to the Cross-Country Review “The Legal Environment for Public-Private Partnerships in the Eurasian Region” prepared by the Eurasian Development Bank (EDB). The publication offers a comprehensive analysis of the key provisions of PPP legislation in force in the Bank’s member states.
1.1) Summary
PPP legislation plays a critical role in attracting private investment for the development of public infrastructure and in improving the quality and sustainability of public services. The legal framework governing PPPs is designed to structure the assessment and preparation of PPP projects, the selection of a private partner, the conclusion of PPP agreements, and to ensure effective risk allocation, as well as a balance and protection of public and private interests in PPP initiatives. In addition to removing legal barriers, this framework can also demonstrate governments’ long-term commitment to PPP development, thereby enhancing market confidence, the investment appeal of PPP projects, and their bankability.