Summary:
- The Asian Development Bank (ADB) will act as transaction advisor for a student accommodation project at Satbayev University, implementing a design-build-finance-operate-maintain model under Kazakhstan’s new 2025 PPP Law.
- The project addresses a critical housing shortage at Satbayev University, which currently offers only 2,300 dormitory places for over 10,000 students, most of whom come from outside Almaty, intensifying demand for private rentals.
- This pilot initiative aims to mobilize private sector investment in social infrastructure and establish a replicable PPP model for future student accommodation developments across Kazakhstan, building on ADB’s ongoing support for the country’s PPP framework and projects.
Original article:
