Public-private partnership project worth nearly $12M to be realized in Kazakhstan
Baku, Azerbaijan, July 18
By Nargiz Sadikhova - Trend:
Private company will implement a landscaping project in the Atyrau regional center worth 4.6 billion tenge ($11.960 million) within the framework of public-private partnership, Trend reports with reference to the official website of Ministry of National Economy of Kazakhstan.
The private partner represented by Kaspiydomostroy company will work on maintaining greeneries of the Atyrau city and will create five fruit gardens in the city. This year alone the company will plant 12,000 square meters worth of flower beds and will carry out pruning of 3,000 trees. Furthermore, the company will also develop the digital map of these greeneries. The company will be receiving budget money in parts during five years.
“There are a number of benefits for this long term cooperation,” the report said.
“Previously, the landscaping work completely depended of state procurement, whereas now the company has the time to prepare for the season in advance,” the statement said.
Furthermore, one more benefit also lies in the long term nature of the cooperation, as there will be no need to find landscaping contractor year after year. Among benefits for the private partner is the fact that the company will be supplied with work for an extended period of time.
Overall, currently there are eight projects worth 38.7 billion tenge being realized in Atyrau region within the framework of the public-private partnership. Projects on energy-saving technologies, and projects aimed at road and social security are among them.
(1 USD = 386.63 KTZ on July 18)
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