According to him, until 2021, the existing PPP law did not provide an effective mechanism for starting projects. However, in 2021, a reform was carried out, during which the process was divided into three stages, and projects were classified by size: small, medium, and large, depending on the volume of investments.
Zheanaliev specified that small projects now cover investments up to 100 million soms, medium projects range from 100 million to 1 billion soms, and large projects exceed 1 billion soms. Investors must submit applications in a prescribed form, after which the project will be put out for competition, and the winner will receive the right to implement it.
As a result of the practical application of the law over the past three to four years, some shortcomings have been identified, including the excessive duration of procedures for small projects. Zheanaliev noted that such projects do not require complex approvals and can be launched shortly after receiving funding.
In response to these issues, the stages of qualification, proposal acceptance, and expertise have been combined, which has significantly reduced the launch times for small projects up to 100 million soms. Now investors can begin implementing their projects approximately one month after submitting their proposals.
