Abstract

Sustainable regional development projects are a challenge for all countries, regardless of their geographic location, cultural differences, or level of economic development. Kazakhstan is also facing this challenge and tries to counteract this process by actively implementing regional development projects and programs. However, project effectiveness and project value remain bottlenecks as these projects are aimed to improve lives and work in rural areas and eliminate inequality; therefore, managing such projects is a complex issue. This study seeks to obtain data that will help to address these research gaps and to identify value aspects of such projects from the end-users’ perspectives – local communities. This can help to understand how to select projects with high value and enhance their effectiveness.For this purpose, in 2020, a questionnaire survey and semi-structured interviews of end-users of regional development projects implemented in local communities were conducted. 301 respondents from main mining towns included in the regional development program of the Republic of Kazakhstan have been surveyed and 18 deep interviews have been conducted. The results show that Kazakhstani regional development projects appear to have a low level of value from the perspective of main stakeholders and beneficiaries – local communities. Project value evaluation has also revealed that a concept of value is different for local government authorities, project teams, and local communities. The study expands knowledge on the management of regional development projects, revealing the importance of understanding the value for such projects to achieve success and enhance their effectiveness.

Highlights

  • The goals of sustainable regional development existed long before the resolution of the United Nations and its relevance is increasing in times of various crises

  • The results show that Kazakhstani regional development projects appear to have a low level of value from the perspective of main stakeholders and beneficiaries – local communities

  • This study aimed to indicate how local communities evaluate regional development projects in Central Kazakhstani monotowns and what kind of projects are valuable and meet their expectations and requirements, and what kind of implication local communities have on value creation in regional development projects as main stakeholders

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Summary

INTRODUCTION

The goals of sustainable regional development existed long before the resolution of the United Nations and its relevance is increasing in times of various crises. The kinds, scribed value from pre-project preparation and principles, and values of local and regional de- throughout the project lifecycle This framework, velopment can have very different implications – as well as many others, examined value outcomes economically, socially, environmentally, political- from the commercial and vendor perspective, ally, and culturally – for different social groups and though there was little research from the customer places in localities and regions. It is crucial outlook, research on the formation to understand that a new approach to achieving of value consequences over the long run (Fuentes the value of regional development projects using et al, 2019). It seeks to fill a gap in the literature on regional de-

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