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Project Type

"A Reference Methodology for Evaluation of Risks and Critical Success Factors in Public-Private Partnership Projects for Kazakhstan"

About The Research

Public-Private Partnerships (PPPs) in Kazakhstan were established to attract private financing and facilitate innovation in social and economic infrastructure development. However, management of PPP Projects encounters multiple risks, such as inefficient project delivery, immature regulatory framework, poor concessionaire selection, complexity in attracting investment, lack of government guarantee and vague technical-economic specifications of projects. In addition to such poor risk management, the government and PPP participants do not adequately consider the capabilities of Critical Success Factors (CSF). The proposed reference methodology will solve the problems of a comprehensive assessment of risks and CSF, which would enhance the likelihood of successful completion of PPP projects in Kazakhstan.

Achieved Outcomes

Achieved Outcome 1:

Achieved Outcome 2:

Achieved Outcome 3:

Achieved Outcome 4:

Achieved Outcome 5:

Achieved Outcome 6:

Classification of the Literature (Models, Forms, Risks, CSF, etc.) on PPP Globally and in Kazakhstan.

Identifying Risks and CSF specific to the PPP Market in Kazakhstan based on the conducted survey.

The System Dynamics Model that accounts for the Risk Impact and CSF Role on SPV Effectiveness based on the Case Study.

The Statistical Regression Model that accounts for the risk impact on main indicators of the PPP Project Effectiveness based on the empirical data.

The Project’s Web-Site.

The Reference Methodology which includes the Risk Matrix, CSF Matrix, System Dynamics Model and Statistical Model for evaluation of the PPP Project Success.

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