Strategic priorities for the development of public-private partnership of Kyzylorda region

Abstract

Public-private partnerships as a form of cooperation between business and government have competitive
advantages in the social sectors, where, as is known, market failures are observed to a greater
extent than in other sectors of the economy. Administrative resource and public investment expand
resource capabilities, reduce business risks, motivating its activity. The aim of this paper is to study
the scientifically based methodological tools of public-private partnerships in solving the problems of
regional development. The article discusses the legal forms and ways of implementing public-private
partnerships in the public interest by pooling the resources and experience of each of the parties, implementing
socially significant projects with the lowest risks, provided that quality services are provided.

The practical significance of the article lies in the fact that its main conclusions can be used by authorities
in the development of budgetary characteristics, regulatory support, and public-private partnership
development programs, taking into account priorities in the economic development of the region.
The interaction of the authorities with business structures during the implementation of measures in
social development projects improves their quality.
Research methodology. In the presented study, various methods were used, including the method
of structural, comparative, as well as economic and statistical analysis, the synthesis of theoretical and
practical material.
Conclusions and practical recommendations made it possible to expand the theoretical base of research
in the field of economic development management in the region through the implementation of
public-private partnerships.
The proposed method of ranking potentially presented projects of public-private partnership, implemented
on the regional level, aimed at improving the effectiveness of implementation of management
decisions affecting the economic development of the region, not from the point of view of recoupment,
and from the point of view of feasibility or priority of the project where in the system the performance
indicators of the efficiency of state-private partnership introduced the basic criteria.