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16.05.2013

Government of Sakha (Yakutia) Endorses Conceptual Development of Public-Private Partnership

On May 15th the Concept of PPP development in the Republic of Sakha (Yakutia) was endorsed at the session of the local government. In keeping with this Concept a regional PPP center is formed for the delivery of infrastructural projects and building systematic relationship with the development institutes and financial companies.

As per this Concept, the priority lines of development are projects in the area of transport, social, energy and industrial infrastructure as well as public utilities. The regional PPP center will comprise three levels. The first one is the republican coordination council providing for interaction between executive authorities, local government, business and public. The second is an authorized agency (Economy and Industrial Policy Department), pursuing a consistent PPP policy and providing information, analytic and organizational support for the coordination council. The third level is the investment development agency that will be engaged in the attraction of investments, preparation and delivery of different projects.

Based on YSNA (Sakha News Agency) materials


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