Academy of Strategic Management Journal (Print ISSN: 1544-1458; Online ISSN: 1939-6104)

Abstract

Public-Private Partnership Management Strategy in the Energy Sector: Case of the Republic of Kazakhstan

Author(s): Yerzhan Domalatov, Dinara Aiguzhinova, Dana Bekniyazova, Ardak Turginbayeva, Lyudmila Popp, Gulsara Mukina

The high level of investment required for the development of the country's infrastructure cannot be financed solely from the state budget. Therefore, attracting private investment is the most important task for public authorities. The mechanism of public-private partnership is one of the potentially effective mechanisms for attracting private investment, which provides a rational price-quality ratio for the bureaucratic elite and potential investors. The purpose of this study is to identify obstacles to attracting investment in the development of the electric power industry in countries with a high level of influence of the bureaucratic elite. The results of the study allowed identifying the main barriers and determining priority areas of work to increase the investment attractiveness of the electric power sector.

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