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US$ 600 thousand to be allocated for US-Kazakh Public-Private Partnership Initiative Project

US$ 600 thousand will be allocated for US-Kazakh Public-Private Partnership Initiative Project, AmCham President Kenneth Mack.

“The projects will be supplied with US$ 600 thousand during first year of its implementation. Results of the implementation would serve as basis for further planning and development of the project,” said Mack.

Kazakh government sponsors the project and there are also some assessments of American partners.

Atameken National Economic Union Chairman Azat Peruashev explained that the aim of the project is effective cooperation between the business and the governments.

“Practical aspects of the legal system of the United States is of importance to us as there are issues that are regulated not by the procedures but by the relations of business and state bodies. We want to implements elements of this cooperation as it is done in countries with market based economy,” said Peruashev.

Kazakh entrepreneurs will go to the USA to gain work experience in leading companies of the country.

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