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

Abstract

Types, Forms and Models of Public-Private Partnerships and Their Application in the Kazakhstani Practice

Author(s): Liman Kazbekova, Azat Dosmailov, Madina Yelpanova

Public-private partnership (PPP) projects in various forms are becoming popular in many countries as a tool for creating new infrastructure facilities and providing services for the organization of public works. Despite the fact that this phenomenon has been presented in recent decades as a kind of invention, PPP has a long tradition in many countries around the world. Recent years for Kazakhstan have been a period of struggle for sustainable economic development and increased competitiveness. As a result, there has been a growing interest from the state to the private sector in terms of using its potential for financing, creating and implementing PPP projects. In the modern context, Kazakhstan’s private sector has become more involved in financing infrastructure projects, and this trend may become one of the most important components of the modernization of strategically important sectors of the economy.

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