State-private partnership may be productive of much good
15:09, 12 June 2009
KOSTANAY. June 12. KAZINFORM. /Muratbek Makulbekov/ At the XXI plenary sitting of the Foreign Investors? Council President of Kazakhstan Nursultan Nazarbayev pointed out that the state-private partnership will open big opportunities both for the private and state sectors.
?The required legal basis has been formed, now we should carry out active work in this direction. The Government should use this mechanism in realization of large investment projects. It is important to systematize the measures of state support, promote the mechanisms of state-private partnership when executing local projects, particularly in construction of social and housing infrastructure.
Correct usage of these mechanisms will allow to unburden the budget, upgrade the infrastructure requred for economic diversification?, the President added.