EU project held conf on prospects of Public Private Partnership in Kazakhstan

The conference was attended by the representatives Kazakhstan PPP Center, Ministry of Health, Ministry of Economic Development, as well as representatives of the National Institute for Health Development, World Bank, IFC and ADB, the press release of the EU Delegation to Kazakhstan reads.

The EU project was launched in October 2010 to assist the Government of the RK in its initiatives of reform and modernization of PPP mechanisms in order to achieve greater efficiency and transparency of the system

The implementation partner of the European Union, Deloitte has provided international experts in legal, financial and methodological aspects of PPP to the project. The beneficiary of this project is the Ministry of Economic Development and Trade (MEDT) and Kazakhstan Public-Private Partnership Center, task force of the Government in evaluation of PPP projects and provision of methodological systematic support to development of PPP and concession.

The EU team has delivered technical assistance to help the MEDT create an enabling legal framework for PPP, making it more transparent and supportive for private sector investments. The project has provided training and capacity building for Kazakhstan's institutions on central and regional levels providing them with the appropriate tools and procedures to implement PPP projects. The project has also supported the Government's efforts in structuring pilot PPP transactions in transport and in social sectors.

The project on "Promotion of Public Private partnership in the Republic of Kazakhstan" is funded by the European Union totalling 1.6 million EURO over the course of 18 months, starting in October 2010.