Features of regional development projects problems: analysis based on central Kazakhstan monotowns

Abstract

The purpose of the paper examines the problem of regional development projects (RDP) in monotowns of Kazakhstan the case of Karagandy region through aims and indicators of implemented programs and projects in order to understand are applicable for these monotowns and its value. Methodology. With aim to better understanding the evolution and roots of ineffi ciency of RDP in Kazakhstan on base of Karagandy region monotowns it was adopted a comprehensive review of relevant literature, government programs and its indicators. The necessity of indicators revision and new approach based on project management principles (stakeholders and value) is suggested. Originality / value of the research. The paper reveals the current state and revealed the root of ineffi ciency of regional development programs in monotowns and ways of their decision. Usability of key objectives and indicators of regional development programs to single-industry towns of Karaganda region are considered. Findings. Government programs strongly emphasized the importance of mostly infrastructure projects however, the aim of the programs was to achieve economy diversity. In addition, there were a single indicators and methodology for all monotowns, which are not suitable for all of them. Government reports regarding the results of implemented projects showed only improvements on the power grid and water supply networks but studies and articles in the media state the low effi ciency and no impact and value for endusers of these programs and projects – local community.