Regulation of economic relations between subjects of public-private partnership in Kazakhstan

Abstract

The article considers the regulation of economic relations between the subjects of public-private
partnership in the Republic of Kazakhstan. It discusses articles of the law «On Public-Private Partnership»,
adopted in 2015 in details. It analyzes a definition, features of public-private partnership, regulation of relations
between the public partner and private partnership, rights and obligations, state bodies and their competencies. It
discloses ways of concluding public-private partnership agreements, the content of institutional and contractual
ways of implementation It has been established that economic relations not provided for in this Law are further
regulated by other laws. There has been carried out quantitative and qualitative analysis of the results of publicprivate partnership projects.
The specific legal instrument enables the effective use of public-private partnerships and varies depending
on the National legal order and the specific characteristics of society. The ratio of the state and business entities
according to the established traditional legal features of each state solves specific socio-economic issues.