Belarus may support more public-private partnership projects

Belarus may support more public-private partnership projects

Experts of Belarus, Russia and Kazakhstan are exchanging experience of cooperation between business and the state on June 7 in Minsk. Public-private partnership is one of the most optimal schemes of work.

To implement projects, investors receive the most favorable conditions. This form of interaction was tested during the reconstruction of the M-10 highway.

Pavel Utyupin, Deputy Minister of Economy of the Republic of Belarus:
The mechanism of public-private partnership is quite an effective way of attracting investments in infrastructure projects. And, in general, the Republic of Belarus has great prospects here.

The experience of our partner countries, in particular in the Russian Federation, with more than 1,600 projects implemented in 2016, with progressive results, and with more than 100 projects in Kazakhstan, including in the transport sector, means that this is good experience that Belarus may draw upon.

The law on public-private partnership in Belarus came into force in mid-2016. There are not many projects yet, but they all have great social significance. For example, a few kindergartens were built near Minsk for businessmen's money. All of them were transferred to the state. Hospitals opened in Baranovichi and Grodno, also with the financial support of the private sector.