Number of private enterprises with state participation down in Kazakhstan

Business Materials 12 March 2019 15:02 (UTC +04:00)

Baku, Azerbaijan, Mar. 12

By Rashid Shirinov – Trend:

Kazakhstan sees a decrease in the number of private enterprises with state participation, Trend reports via Finprom.kz.

In January 2019, the number of registered private companies with state participation was 784, which is a year-on-year decrease of 6.3 percent. Some 663 of them currently operate, which is 4 percent less than a year ago.

At the same time, the share of operating private enterprises amounted to 85.9 percent of the total number of enterprises in the country. The number of private companies increased by 9.6 percent compared to the same period of 2018.

It should be noted that in 2015 Kazakhstan adopted the law on public-private partnership, which is aimed at creating conditions for effective interaction between the state and the private sector in order to ensure sustainable socio-economic development of the country.

According to Kazakhstan Public-Private Partnership Center, 1,186 projects were underway at the end of last year.

The largest number of public-private partnership projects, 55.7 percent, is in the education sector, followed by healthcare (21.6 percent) and physical education and sports (8.9 percent) projects.


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