Analysis of the effectiveness of PPP projects in the Akmola region

Abstract

The article presents an analysis of the composition, structure and correlation and regression analysis of the dynamics of public-private partnership projects in the Akmola region, implemented in the period from 2017 to 2020. The purpose of the study is to identify during what period there was a change in the number of projects and the reasons for their change, as well as the impact on the development of the region by conducting dynamic-structural and correlation-regression analysis of PPP projects implemented in the Akmola region. In the course of the study, methods of comparative analysis, analysis of dynamic series, calculation of relative indicators, comparison, correlation-regression, variance analysis and forecasting were used.

As a result of the analysis of the Akmola region for the period from 2017 to 2020, 76 projects were presented in general, of which only 52 projects are being implemented. In comparison with the republican level, the submitted projects in the Akmola region amount to 5.58%. Also in 2018, the most projects were implemented, i.e. 27 projects and an increase of 3.5 times compared to 2017. Of the main industries considered, it was revealed that the largest number of projects were implemented in the healthcare sector, and its share was 4.3%. At the same time, a minimal project has been implemented in the field of agriculture and its share amounted to 0.08%. According to the results of the correlation analysis, the correlation coefficient between GRP and attracted PPP investments in education is 0.6 and in other industries is 0.57. According to the results of regression analysis, there is an average close relationship between the studied performance indicator and the factor indicator, and since the value of R2 is less than 0.6, the model may be nonlinear. The value of the indicator F is 0.75, and the value P is greater than 0.05 for performance and factor indicators, therefore, factor indicators do not have a significant impact on the performance indicator.

In conclusion, the projects implemented in the Akmola region are concluded on the basis of trust management of state property and other contracts, therefore it is necessary to pay attention to the application of other types of contracts provided for by law, as well as to the provision of projects in the field of industry, agriculture and utilities and attracting investments in these industries.