Karatai Dzhangeldiev, Head of the Department for Project Attraction and Preparation at the PPP Center under the National Investment Agency of the Kyrgyz Republic, shared that local authorities in the regions are increasingly focusing on public-private partnership (PPP) projects, and the number of such initiatives is growing every year. According to him, it is precisely through partnership mechanisms that intentions can be transformed into real solutions, project discipline can be established, and extra-budgetary resources can be mobilized into the economy.

What is PPP and why is it important?
Public-private partnership is a long-term collaboration between the state and business in creating or modernizing facilities and services, where the private partner undertakes design, construction, financing, and/or operation, while the state provides rights, obligations, and transparent performance-based payment rules. For the regions, PPP is a practical tool: it helps close infrastructure gaps (social facilities, utilities, transport infrastructure, energy), improve service quality, and distribute risks. Each project is unique: the model (concession, service, etc.), timeframe, KPIs, remuneration, and guarantees are set out in the contract and tailored to the specific objectives.

Regional Investment Councils (RICs) play a key role in promoting PPPs: they serve as the platform where local initiatives are discussed directly with government and investors, concrete projects are shaped, and solutions are developed to accelerate their implementation on the ground.

The Regional Investment Councils (RICs) operate under the Offices of the Plenipotentiary Representatives of the President of the Kyrgyz Republic in the regions. The work of the RIC Secretariats is supported within the framework of a tripartite agreement between the Secretariat of the Business and Investment Development Council under the Cabinet of Ministers of the Kyrgyz Republic, UNDP in the Kyrgyz Republic, and the PPP Center under the National Investment Agency.