scholarly journals PUBLIC–PRIVATE PARTNERSHIPS IN HOUSING CONSTRUCTION IN UKRAINE

Ekonomika ◽  
2014 ◽  
Vol 93 (1) ◽  
pp. 89-97
Author(s):  
Elena Balabenko
Keyword(s):  
Public Private Partnership ◽  
Housing Construction ◽  
Private Capital ◽  
Construction Operations ◽  
Private Partnership ◽  
Investment Projects ◽  
The Public ◽  
Special Pattern ◽  
Private Investors ◽  
House Building

Abstract. The paper presents an analysis of construction operations, retarding tendencies, necessity to attract private capital to civil engineering, with an emphasis on the development of national cooperation and con-struction business in the realization of concrete social and economic and investment projects in Ukraine in the form of public–private partnership. The problems of the development of housing construction institutions are also presented within the framework of the public–private partnership and the preconditions for the topical character of the private capital attraction to this sphere. The necessity of developing the public–private partnership in housing construction has been justified. The development of the trend will help to unify the interests of power, business, financial institutions and private investors. Also, a special pattern of the public–private partnership taking into consideration the peculiarities of the contemporary house-building industry is proposed.Key words: housing construction, public–private partnership, investment, pattern

scholarly journals The legal public–private partnership framework and policy implementation in Uganda

2020 ◽  
Vol 8 (1) ◽  
Author(s):  
Jude Mugurura ◽  
Zwelinzima Ndevu
Keyword(s):  
Public Private Partnership ◽  
Infrastructure Development ◽  
Exploratory Research ◽  
Private Partnership ◽  
Road Infrastructure ◽  
Investment Projects ◽  
The Public ◽  
Secondary Sources ◽  
Regulatory Frameworks ◽  
Key Aspects

Background: This article is based on a multidimensional empirical research study investigating aspects of the suitability of the public–private partnership environment of Uganda for road infrastructure development. The foundation of the article is the implementation of the relationship between existing legal and regulatory frameworks on the ground in Uganda.Aim: Key aspects and realities of the legal and policy frameworks that support public–private partnership, road investment projects and programmes in Uganda are examined from the perspective of a transparent, effective and efficient service delivery.Setting: A brief exposition of Uganda’s historical realities and present challenges, especially in terms of road infrastructure, an introduction of key aspects of the legal and regulatory frameworks is presented.Methods: The research is based on an exploratory research design methodology founded on a thorough literature review, exhaustive documentary analysis of primary and secondary sources and 30 interviews with senior and middle managers in the public and private sectors in Uganda. A semi-structured questionnaire was utilised.Results: The analysis of data was based on a dissection of the policies and systems as foundations of solid implementation, existing legal violations, the local private sector’s present conundrum and capacity gaps, the realities of integrity and corruption and the existing approach of citizens towards the problems and challenges.Conclusion: The lack of integrity in both the private and public sector has serious negative effects on the processes, functions, planning, designing, outputs and outcomes of infrastructure initiatives undertaken.

Motivations for adopting unsolicited proposals for public-private partnership project implementation

2018 ◽  
Vol 23 (2) ◽  
pp. 221-238 ◽  
Author(s):  
Robert Osei-Kyei ◽  
Albert P.C. Chan ◽  
Ayirebi Dansoh ◽  
Joseph Kwame Ofori-Kuragu ◽  
Emmanuel Kingsford Owusu
Keyword(s):  
Public Sector ◽  
Developed Countries ◽  
Public Private Partnership ◽  
Project Implementation ◽  
Private Partnership ◽  
Content Type ◽  
The Public ◽  
Private Investors ◽  
Push And Pull ◽  
Specific Country

Purpose The purpose of this study is to explore the motivations of governments for adopting unsolicited proposals for public–private partnership (PPP) project implementation. Design/methodology/approach A comprehensive review of literature was conducted to derive a list of motivations for adopting unsolicited PPPs. Subsequently, an empirical questionnaire survey was conducted with international PPP experts. Inter-rater agreement analysis, mean significance index and independent two-sample t-test were used for data analysis. Findings Results reveal four very critical motivations for governments’ interest in unsolicited PPPs; these include: “enhanced private sector innovation and creativity in PPPs”; “lack of public sector capacity to identify, prioritise and procure projects”; “lack of private investors’/developers’ interest in projects at remote areas”; and “rapid implementation of PPP projects”. Further analysis shows that developing and developed countries view the significance of three motivations differently. Research limitations/implications The major limitation lies in the fact that this study only focused on the general motivations/rationale for using unsolicited PPP proposals and did not thoroughly examine and consider the inherent property of motivations (i.e. push and pull theories). Therefore, future studies should explore the “pull and push” motivations for adopting unsolicited PPPs within a specific country or region. Originality/value The research outputs inform international private developers of the key expectations of governments/public departments when submitting unsolicited PPP proposals for consideration by the public sector. Furthermore, the outputs will enable governments/public departments and private proponents to derive performance objectives and standards for unsolicited PPP projects.

scholarly journals Sustainable and Optimal “Uniqueness” Contract in Public-Private Partnership Projects of Transportation Infrastructure

2020 ◽  
Vol 2020 ◽  
pp. 1-14
Author(s):  
Yingjun Zhu ◽  
Zhitong Gao ◽  
Ruihai Li
Keyword(s):  
Social Welfare ◽  
Public Private Partnership ◽  
Transportation Infrastructure ◽  
Private Capital ◽  
Equilibrium Relation ◽  
Private Partnership ◽  
The Public ◽  
Welfare Losses ◽  
The Government ◽  
The Impact

To control the “uniqueness” risk in Public-Private Partnership (PPP) projects of transportation infrastructure, we design a simplified “uniqueness” contract model by incorporating the impact of the initial investment which is based on the Bertrand model. The nonlinear programming method is adopted to derive the optimal “uniqueness” contracts for incumbent private capital, the public, and the social welfare, respectively. The simulation results show that the achievement of the optimal “uniqueness” contract is essentially the result of a compromise between the private capital, the public, and social welfare. The extent to which such a contract reduces the probability of “uniqueness” risk mainly depends on the equilibrium relation between the interests of private capital and the public. The initial investment is not related to the government default when the contract does not take into account the interests of the private capital. Furthermore, the “uniqueness” contracts between private capital and the government are mainly for anticompetitive purpose in the PPP market of transportation infrastructure. Unless the contract terms focus on the improvement of social welfare, entering a “uniqueness” contract will cause social welfare losses.

scholarly journals Application of budget allocation models in the management of investment processes in the context of the digital economy development

2021 ◽  
Vol 39 (71) ◽  
pp. 594-608
Author(s):  
Viktoriia Chobitok ◽  
Oleg Shevchenko ◽  
Oksana Lomonosova ◽  
Volodymyr Kochetkov ◽  
Valentyna Bykhovchenko
Keyword(s):  
Digital Economy ◽  
Government Procurement ◽  
Public Private Partnership ◽  
Financial Resources ◽  
Comparative Characteristic ◽  
Private Partnership ◽  
Investment Projects ◽  
The Public ◽  
Partnership Model ◽  
Investment Process

Within the study, the use of the public-private partnership mechanism in the management of investment processes in the context of digitalization was argued. The methodological basis of the study was a process approach, which allows to study multidirectional investment actions and the interdependent impact of the investment process, which determines the causal links of the development of investment entities at different levels in the collection of resources, in the conditions of the development of the digital economy. Endogenous sources include financial resources of internal and external origin. Exogenous investment resources include financial resources on loan, as well as budgetary allocations. Varieties of budget allocations include government procurement, concession, life cycle contract. Comparativecreativecharacterization of investment resource attraction models was carried out at the expense of budgetary allocations. In conclusion, they highlight the advantages of attracting investment resources at the expense of budgetary allocations, namely the public-private partnership model as a concession. Finally, it carriesout the comparative characteristic of the conditions of the implementation of investment projects in various models of attraction of investment resources at the expense of budgetary allocations.

scholarly journals Improving the Mechanisms of Public-Private Partnership

2021 ◽  
Vol 12 (2) ◽  
pp. 242
Author(s):  
Aliya Zyalilevna Minnibaeva ◽  
Irina Yurievna Vaslavskaya ◽  
Irina Alexandrovna Koshkina ◽  
Artur Faridovich Ziyatdinov
Keyword(s):  
Large Scale ◽  
Structural Changes ◽  
Public Private Partnership ◽  
State Regulation ◽  
The State ◽  
Public Authorities ◽  
Private Partnership ◽  
Investment Projects ◽  
The Public ◽  
Activity State

Development of the Russian economy causes the growth of public requirements and structural changes connected with it directed to an increase in the efficiency of social and economic tasks solution. Need of partnership of the state and private business development for the solution of problems in the social and economic sphere predetermines by the insufficiency of opportunities of the public (budgetary) financing of investment projects, large-scale and significant for society. The public-private partnership (PPP) acts as one of the modern economic mechanisms allowing realizing the interaction of the state and business. The PPP, on the one side, represents a special form of influence of state authorities and management for the purpose of stimulation of business activity, and with another, acts as the economic mechanism of the solution of social and economic tasks. The article is devoted to the consideration of the public-private partnership mechanism as one of the most modern methods of economic activity state regulation which basis the basic coordination principle of the parties interests and allowing to combine interests and technologies of business. Need and the prospects of further development of mechanisms of state-private partnership on the basis of the state strategic planning are proved. Special attention is paid to the interrelation of development of public-private partnership and need of theoretical scientific research in the field of improvement of institutional, ensuring its realization. It is shown that the role of the mechanism of public-private partnership in the economy is defined, first of all, by its elements as subjects and objects of public-private partnership, priority spheres of realization. Authors allocate and describe a number of aspects of the mechanism of functioning of public-private partnership, namely: organizational and legal, financial and investment, technical and organizational, regional. In the article, the main problems connected with the development of the mechanism of PPP, including with lack of the description of concrete mechanisms of use of the majority of forms of PPP and lack of regulation of questions of division of powers between public authorities and business are allocated and proved.

scholarly journals STRATEGY OF CLINICAL NUTRITION DEVELOPMENT IN AMBULATORY AND POLYCLINIC ENVIRONMENT: PERSPECTIVES OF COOPERATION BETWEEN PUBLIC HEALTH CARE SYSTEM AND PRIVATE BUSINESS

2017 ◽  
pp. 20-25
Author(s):  
V. F. Zubritsky ◽  
S. M. Kozin ◽  
D. G. Ikonnikov ◽  
E. V. Pilyus
Keyword(s):  
System Development ◽  
Public Private Partnership ◽  
Clinical Nutrition ◽  
Public Health Care ◽  
Healthcare Organizations ◽  
Private Partnership ◽  
The Public ◽  
Partnership Model ◽  
Substantial Progress ◽  
Private Investors

This research is devoted to problems of organization and financing clinical nutrition system in ambulatory and polyclinic environment. First, an overview of foreign solutions is provided, including such contributors as state healthcare organizations and private investors. Second, an importance and necessity of solid clinical nutrition system existence is proved. Third, channels of public-private partnership model implementation are investigated and evaluated; moreover, the main objectives are set: these are to be solved using the public-private partnership model in order to achieve substantial progress in the clinical nutrition system development.

On the Public Private Partnership Financing Strategies of Urban Rail Transit

2011 ◽  
Vol 255-260 ◽  
pp. 4095-4099 ◽  
Author(s):  
Jian Xiao Chen ◽  
Jing Fang
Keyword(s):  
Public Private Partnership ◽  
Urban Rail Transit ◽  
Operating Efficiency ◽  
Rail Transit ◽  
Private Capital ◽  
Private Partnership ◽  
The Public ◽  
Urban Rail

Introduction and innovation of PPP mode can attract more private capital to involve urban rail transit construction and enhance overall operating efficiency of URT. Based on analyzing the characters of URT PPP, through summarizing the PPP categories in application, this paper classifies the URT PPP practical approaches into four broad strategies, and provides a framework and some suggestions for assessing and managing risks associated with various URT PPP strategies.

scholarly journals Management of the investment value of land plots during complex residential development

2018 ◽  
Vol 193 ◽  
pp. 05021
Author(s):  
Kirill Kulakov
Keyword(s):  
Land Development ◽  
Residential Development ◽  
Public Private Partnership ◽  
State Regulation ◽  
Value Management ◽  
Private Partnership ◽  
Investment Projects ◽  
The Public ◽  
Optimum Parameters ◽  
Investment Value

The article is dedicated to the analysis of the research object in the form of residential sphere related to preparation, implementation and state regulation of investment projects on complex residential development of territories at the stage of land development applying modeling and investment value management methodology. The rationale of the performed studies presented in the article is related to the necessity of development of methodological approaches to accurate modeling and management of the investment value at the stage of land development on preparation of land plots for constriction, which is the basis of efficient state regulation of investment attractiveness of the complex residential development through the methods of the public-private partnership. The article demonstrates both the proprietary methodology, and the received results in the form of scientific and practical results that allow to perform investment cost management of projects on complex residential development in order to leave the area of negative investment attractiveness. These management solutions are recommended on the basis of optimum parameters of the public-private partnership.

scholarly journals Improving the public administration of investment projects under the public-private partnership (on the example of airport infrastructure development of the Russian Federation)

2021 ◽  
Vol 12 (2) ◽  
pp. 132-139
Author(s):  
Oleg A. Nemchinov
Keyword(s):  
Urban Areas ◽  
Public Private Partnership ◽  
Transport Infrastructure ◽  
Public Private Partnerships ◽  
Infrastructure Development ◽  
Private Partnership ◽  
Investment Projects ◽  
The Public ◽  
Goods And Services ◽  
Provision Of Services

In the modern economy, very often there is the problem of lack of state funding in major infrastructure projects. In this regard, partnership between the public and private sectors of the economy is becoming a more effective way of solving problems related to the modernization of transport infrastructure, construction and provision of services, the development of urban areas. Especially of public-private partnership mechanism true for regional economies, where thanks to it there is a more dynamic development of local capital markets, goods and services. The study analyzed the conceptual apparatus, essence and forms of public-private partnership, identified the features and risks in the implementation of PPP projects, assessed the results of global and domestic experience in the use of public-private partnerships, developed recommendations for improving the procedures for implementing public-private partnerships in the field of development of the infrastructure of the Russian airport enterprises.

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