Models of financing mechanism for public-private partnership projects and the specifics of their functioning

2020 ◽  
Vol 22 (4) ◽  
pp. 17-26
Author(s):  
NIKITA V. LOKSHIN ◽  
Keyword(s):  
Effective Interaction ◽  
Public Private Partnership ◽  
Securities Market ◽  
Financial Resources ◽  
Project Financing ◽  
Private Partnership ◽  
The Public ◽  
Financing Mechanism ◽  
Direct Financing ◽  
Tax Payments

This article considers the public-private partnership (PPP) projects financing mechanism through the analysis of its models. The importance and necessity of using variability in structuring of different elements of financing mechanism are proved, which allows to detect the ways of their effective interaction in order to increase the efficiency of using financial resources during PPP projects implementation. The existence of basic models for PPP projects financing mechanism is justified including direct financing, project financing and financing with professional participants in the securities market. The schemes and algorithms of their functioning are presented. The article argues that in the modern conditions it is expedient to supplement the basic models for PPP projects financing mechanism by the new elements: postponed tax payments, bonds with special purpose, elements of Islamic financing mechanism models. Combining new and classic elements contributes to improvement of financing mechanism models and focuses on expanding the circle of potential investors for PPP projects.

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 ENTREPRENEURIAL ACTIVITY IN THE REGIONAL ECONOMY: BASED ON PUBLIC-PRIVATE PARTNERSHIP

2020 ◽  
Vol 9 (4) ◽  
pp. 95-105
Author(s):  
Yury V. Korechkov ◽  
Keyword(s):  
Regional Economy ◽  
Public Private Partnership ◽  
State Regulation ◽  
Regulatory Framework ◽  
Entrepreneurial Activity ◽  
Financial Resources ◽  
Private Partnership ◽  
Economic Mechanism ◽  
The Public ◽  
Infrastructure Project

The article examines the theoretical aspects of the development of entrepreneurial activity based on public-private partnership (PPP) in the regional economy. The organizational and economic mechanism of public-private partnership development in the regional economy is shown. Its main elements include: justification of the conditions for using financial resources for a PPP infrastructure project; creation of organizational bases for implementing the public-private partnership model; implementation of a set of management functions (planning, organization, motivation and control) in the conditions of the entire investment cycle; achieving goal setting and ensuring the effectiveness of the PPP infrastructure project in the interaction of the state and business. It is proved that the process of implementing public-private partnership includes elements of institutional support for this system: regulatory support for the PPP Institute; formation of a system of state regulation of relations in the field of publicprivate partnership; formation of an organizational and economic mechanism for managing the development of public-private partnership in the regional economy. It is revealed that the institutional regulatory framework in the regional economy involves the creation of a regulatory framework for the functioning of the system of interaction of public authorities and business structures, forming an open competitive environment for public-private partnership, identification of the openness and transparency of the system of relations of public-private partnerships. It is shown that the use of the public-private partnership mechanism will ensure the necessary growth rates in the regional economy. Implementation of infrastructure projects is one of the forms of avoiding “institutional traps” in the context of crisis situations in recent years. It is concluded that a necessary condition for the effective implementation of a regional public-private partnership PPP project is to find the necessary financial resources and ways to use them most effectively for the socio-economic development of the region.

DEVELOPMENT OF PUBLIC-PRIVATE PARTNERSHIP IN UKRAINE AND THE WORLD

2017 ◽  
Author(s):  
Yaroslav Izmaylov ◽  
◽  
Iryna Yegorova ◽  
Keyword(s):  
Public Sector ◽  
Power Plants ◽  
Private Investment ◽  
Public Private Partnership ◽  
Financial Resources ◽  
State Budget ◽  
Public And Private ◽  
Private Partnership ◽  
The Public ◽  
The World

The purpose of the article is to consider the issues and prospects for the development of public-private partnership in the context of the COVID-19 pandemic and limited investment resources. It is proved that a new and quite effective form of integration cooperation of public sector enterprises and private business is the mechanism of public-private partnership, which has not become widespread in Ukraine and in other countries due to the complex mechanism of its implementation. It is substantiated that the urgent task for the public and private sector is to develop an optimal mechanism of cooperation through the involvement of private investment funds in infrastructure projects, search for foreign investors and partners, development of public-private relations. It is established that the most popular areas for PPP projects are the social sphere (education, medicine), transport (road infrastructure, rail transport, sea and river ports, airports), energy (construction and reconstruction of power plants, management of energy facilities) and utilities. economy (water supply, sewerage systems). It is proved that the main reason for the popularity of PPP projects is the constant need for financial resources, which are always lacking in the public sector, minimizing risks for all stakeholders, which reduces the burden on the state budget of Ukraine. The most urgent problems that create obstacles for the development of PPP in Ukraine and the world are outlined. It is proposed to improve PPPs for synergetic interaction between the public and private sectors in the direction of creating a base and foundation to ensure the possibility of expanding financial resources to the budget sphere, through national and foreign investments, which will improve the quality of goods and services population.

scholarly journals Public-private partnership as a mechanism for attracting infrastructure investments: implementation problems and risk reduction

2020 ◽  
Vol 17 (5) ◽  
pp. 223-232
Author(s):  
V. V. Krishtal ◽  
◽  
V. V. Asaul ◽  
V. A. Koshcheev ◽  
J. G. Petukhova ◽  
...  
Keyword(s):  
Risk Reduction ◽  
Public Private Partnership ◽  
Financial Resources ◽  
Infrastructure Projects ◽  
Private Partnership ◽  
The Public ◽  
State Participation ◽  
The World ◽  
Infrastructure Investments ◽  
Implementation Problems

The article discusses the problem of attracting infrastructure investments which is acute for every region of Russia. According to the authors of the article, the state participation is not enough to implement major infrastructure projects. It is necessary to attract significant financial resources and to ensure the implementation of relevant national projects. The article reveals the mechanism for attracting infrastructure investments used throughout the world, namely, the public-private partnership (PPP). The authors analyze the constraints on the implementation of PPP in national projects, the construction of roads. Some mechanisms for reducing PPP risks are offered.

METHODICAL APPROACH TO THE FORMATION OF THE PUBLIC-PRIVATE PARTNERSHIP FINANCIAL POTENTIAL

2017 ◽  
Vol 2 (3(11)) ◽  
pp. 124-130
Author(s):  
Viktoriia Fedorivna Tyschenko ◽  
◽  
Fedir Andriiovych Shigol ◽  
Viktoriia Mykolayivna Ostapenko ◽  
◽  
...  
Keyword(s):  
Public Private Partnership ◽  
Private Partnership ◽  
The Public ◽  
Methodical Approach

Financing Smart Cities’ Development: Doran’s Concept of the Project Universe

2020 ◽  
pp. 50-62
Author(s):  
K.S. Teteryatnikov ◽  
S.G. Каmolov ◽  
A.A. Pyatova
Keyword(s):  
South Korea ◽  
Smart City ◽  
Smart Cities ◽  
Public Private Partnership ◽  
Project Financing ◽  
Private Partnership ◽  
Model Based ◽  
Project Model ◽  
Financing Model

The article is meant to analyze various strategies and models for the development of smart cities, as well as the concept of project financing of smart cities, proposed by Pietro Doran, one of the founding partners of the world’s first smart city built from scratch in South Korea — Songdo. The authors believe that Songdo’s financing model, based on P. Doran’s Project Model can be considered as an effective way to attract investment in greenfield projects for the development of «smart cities» in Russia on the basis of public-private partnership.

Population Growth and Waste Management in Metropolitan Lagos

2013 ◽  
Vol 11 (2) ◽  
Author(s):  
Femi O. Omololu ◽  
Akinmayowa S. Lawal
Keyword(s):  
Waste Management ◽  
Population Growth ◽  
Management Practices ◽  
Public Private Partnership ◽  
Household Waste ◽  
Waste Generation ◽  
Private Partnership ◽  
The Public ◽  
Lagos State ◽  
Waste Management Practices

This paper examines the influence of population growth on waste generation in Lagos metropolis, African’s most populous urban conglomeration. Using both quantitative and qualitative methods, the study analyses the pattern of household waste disposal, collection and transportation in Lagos State. It also examines the public-private partnership strategy adopted in waste management. The findings show that population growth significantly influences waste generation and management in Lagos metropolis. As the population increased, the volume of waste generated also increased in each LGA of Lagos State. The public-private partnership strategy has been effective in managing waste, but the Lagos State Waste Management Authority oversight was adjudged as less than satisfactory. The paper concludes that intervention is needed in terms of educating the growing population of the Lagos metropolis on the best waste management practices. It highlights the need for a more efficient and effective publicprivate partnership collaboration to solve this perennial social problem.

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