Illogical laws hinder public-private partnership in Kazakhstan

Illogical laws hinder public-private partnership in Kazakhstan

In conditions of a limited budget, it is necessary to attract foreign investors for various projects within the framework of public-private partnerships. But for this it is necessary to adjust the legislative framework.

Projects based on public-private partnerships (PPP) are not uncommon in Kazakhstan. And yet they still need to be developed. Including attracting foreign investors. According to Shaimerden Chikanaev, a partner at the law firm GRATA International, Kazakhstan today represents a “rising star in PPPs” for investors, lawyers, construction companies and banks.

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