Trends and difficulties in developing the infrastructure of special preferential areas

2021 ◽  
Vol 17 (3) ◽  
pp. 419-442
Author(s):  
Lyudmila I. PRONYAEVA ◽  
Irina I. KRUZHKOVA
Keyword(s):  
Comparative Analysis ◽  
Public Private Partnership ◽  
Successful Implementation ◽  
Infrastructure Development ◽  
Infrastructure Projects ◽  
Private Partnership ◽  
Current Trends ◽  
Scientific Results ◽  
Definition Of ◽  
Political Economic

Subject. The article discusses the way the infrastructure of special preferential areas (special economic zones, socio-economic priority development areas) is being developed, and reviews respective processes. Objectives. We evaluate the current trends and identify difficulties in implementing infrastructure projects across preferential areas. Methods. The study relies upon general methods, such as generalization, synthesis and analysis of available scientific results concerning the economic category of infrastructure and classification of its types. We applied general methods of analysis and comparative analysis to determine the future development of the infrastructure in special preferential areas. To detect what hampers PPP infrastructure projects and describe them, we used the synthesized approach and methods of logic-intuitive and comparative analysis. Results. We analyzed the pool of scientific results to determine the economic category of infrastructure and classify its types. We provide our own definition of the infrastructure of preferential areas and evaluate the current trends in infrastructure projects, including those in special preferential areas. Investment in the ongoing projects was found to be insufficient to meet all infrastructure development needs. Public-private partnership was proved to contribute to the infrastructure development in special preferential areas. We discovered some barriers to PPP development mechanisms in special preferential areas. Conclusions and Relevance. Public-private partnership will contribute to the successful implementation of the above projects provided respective parties will eliminate an array of barriers. The elimination of social, political, economic, environmental and other barriers will help the areas become more competitive to secure investment resources and demonstrate better results of the socio-economic development.

On Trends in Infrastructure Development Using the Public-Private Partnership Mechanism in the G20 Countries

2021 ◽  
Vol 26 (11) ◽  
pp. 1271-1277
Author(s):  
A. A. Shiyan
Keyword(s):  
Comparative Analysis ◽  
Russian Federation ◽  
Public Private Partnership ◽  
Infrastructure Development ◽  
Infrastructure Projects ◽  
Russian Market ◽  
Private Partnership ◽  
The Public ◽  
Project Model ◽  
The Russian Federation

Aim. The presented study aims to examine project initiatives and proposals for improving funding mechanisms for infrastructure projects based on public-private partnership in the Russian Federation.Tasks. The authors consider approaches and project initiatives of the G20 countries pertaining to the implementation of public-private partnership projects in the context of the adaptation of infrastructure projects to the Russian market (for the purpose of improving the quality and efficiency of the implementation of infrastructure projects in the Russian market).Methods. The methodological basis of this study includes works of Russian and foreign researchers in the field of public-private partnership and project financing. The authors use methods of scientific research (expert and comparative analysis, grouping and generalization) selected in accordance with the goals and objectives of the study as well as information publicly available on the official websites of the ROSINFRA platform and the Ministry of Economic Development of the Russian Federation.Results. Comparative analysis of foreign and national practices in the public-private partnership market makes it possible to identify a number of potential initiatives, including a new approach to the examination of infrastructure projects and proposals for attracting additional investment resources to the public-private partnership market. Adaptation of foreign competencies to the Russian public private partnership market will drive the transformation of the current PPP project model in Russia.Conclusions. Analysis of methods used by the G20 to assess and implement infrastructure projects based on public-private partnership makes it possible to formulate potential initiatives and proposals for improving approaches to the implementation of infrastructure projects based on public-private partnership in the Russian market and to determine the development vector for the national infrastructure project model.

scholarly journals Major Obstacles to Public-Private Partnership (PPP)-Financed Infrastructure Development in China

2021 ◽  
Vol 13 (12) ◽  
pp. 6718
Author(s):  
Toriqul Bashar ◽  
Ivan W. H. Fung ◽  
Lara Celine Jaillon ◽  
Di Wang
Keyword(s):  
Hong Kong ◽  
Mainland China ◽  
Public Private Partnership ◽  
Successful Implementation ◽  
Infrastructure Development ◽  
Infrastructure Projects ◽  
Private Partnership ◽  
Survey Responses

Public-private partnership (PPP)-led infrastructure development has been crucial in China as it has in many other countries. However, several obstacles in the field tend to challenge its development. Based on survey responses from PPP practitioners and professionals in Hong Kong and mainland China, this study analyzes and ranks the key barriers to PPP projects. Our findings suggest that both groups classify the critical obstacles to PPP consistently, albeit with some divergences in ranking them. Reflecting mainly from the perspective of professionals, the study also proposes some suggestions for mitigating these obstacles, so it could contribute to the effective formulation of PPP and successful implementation of PPP-led infrastructure projects in China as well as elsewhere.

scholarly journals PUBLIC-PRIVATE PARTNERSHIP PROJECTS IN THE DEVELOPMENT OF TRANSPORT INFRASTRUCTURE OF EU COUNTRIES

2021 ◽  
Vol 49 (2) ◽  
pp. 222-230
Author(s):  
Yurchenko A ◽  
Keyword(s):  
European Union ◽  
Great Britain ◽  
Public Private Partnership ◽  
Transport Infrastructure ◽  
Successful Implementation ◽  
Development Projects ◽  
Infrastructure Development ◽  
The European Union ◽  
Private Partnership ◽  
Eu Countries

The object of research - the development of transport infrastructure of EU countries, trends, prerequisites for successful implementation. The purpose of the work is to study the experience of implementing transport infrastructure development projects on the basis of public-private partnership in the countries of the European Union. The results of the study will be used to form an information base on transport infrastructure development projects that have been implemented on the basis of public-private partnership. Relevant information will be used to compare the expected performance of domestic projects with similar projects in the European Union The research method is monographic and statistical. The article is devoted to the study of trends in the application of the mechanism of public-private partnership in the development of transport infrastructure of the European Union. It was found that since 2013, the volume of investment and the number of projects implemented on the basis of PPP, tend to decrease. Thus, compared to 2013, the amount of capital invested in 2019 decreased by more than 50%. The transport infrastructure consistently ranks first among the sectors of the economy in terms of investments made on the basis of partnership between the state and private business. At the same time, the leaders of investments in PPP projects are such countries as Great Britain, France and Germany. According to the number of implemented projects - France, Great Britain and Belgium. Appropriate preconditions must be created for the effective implementation of PPP projects. Further areas of research are the study of programs, policies and practices used by other countries that actively involve the private sector in the provision of transport infrastructure services; development of relevant recommendations for the implementation and improvement of Ukraine's policy and practice in the field of transport infrastructure development. KEY WORDS: TRANSPORT, PROJECT, MANAGEMENT, TRANSPORT INFRASTRUCTURE, PUBLIC-PRIVATE PARTNERSHIP, DEVELOPMENT, INVESTMENTS, SECTORS OF THE ECONOMY

scholarly journals Implications of Adopting Public Private Partnership for Infrastructure Development in Nigeria

2015 ◽  
Vol 8 (9) ◽  
pp. 169 ◽  
Author(s):  
Dele S. Kadiri ◽  
Stephen O. Ojo ◽  
Godwin O. Jagboro
Keyword(s):  
Capacity Building ◽  
Good Governance ◽  
Legal Framework ◽  
Public Private Partnership ◽  
Infrastructure Development ◽  
Infrastructure Projects ◽  
Political Will ◽  
Private Partnership ◽  
Regulatory Commission ◽  
Budgetary Allocation

<p>The Infrastructure Concession Regulatory Commission (ICRC) ACT of 2005 provided the legal framework for the adoption of PPP for infrastructure development in Nigeria. This paper therefore examined the implications of the adoption of PPP for infrastructure development in Nigeria with a view to enhancing infrastructure projects delivery. The paper acknowledged the timeliness of the initiative in Nigeria owing to the wide infrastructure gap and progressive severe cut back in budgetary allocation and implementation. The paper recommended that political will, good governance and human capacity building will be required to maximise the benefits from the initiative by all stakeholders.</p>

THE МEANING OF PUBLIC-PRIVATE PARTNERSHIP FOR DEVELOPMENT OF LOCAL SELF-GOVERNMENT

2018 ◽  
Vol 28 (1) ◽  
pp. 351-356
Author(s):  
Sandra Risteska
Keyword(s):  
European Union ◽  
Economic Development ◽  
Rapid Development ◽  
Public Private Partnership ◽  
Public Private Partnerships ◽  
Successful Implementation ◽  
Economic Policies ◽  
The European Union ◽  
Private Partnership ◽  
Public And Private Sector

Each country strives for growing economic development, but no country is able to implement it. Various experiences and projects from the countries of the European Union and other neighboring countries are taken and considered. Towards the end of the 20th century and at the beginning of the 21st century, economic movements are increasingly relying on public-private partnerships, which can lead to a rapid development process through the financing of infrastructure projects. Economic globalization, as well as the emergence of new opportunities for economic activity in the world, are aimed at cooperation of the authorities and businesses in the realization of the socio-economic policies. The implementation and realization of development projects through public-private partnerships is impossible without participation by the relevant institutions of the public and private sector. Above all, direct participation implies expertise, experience and education. Every project that will be realized through various forms of public-private partnership must fulfill certain conditions. Among the conditions for proper implementation of the project are: dialogue, transparency and monitoring. The main feature of PPP is the transfer of the risk to the financing, efficiency and quality of public services, which are usually the burden of the private partner. This paper analyzes and explores the essence of public-private partnership. The conceptual framework for public-private partnership, as well as its strengths and weaknesses, is set. With the application of PPP, the economic development of the infrastructure as a whole, and in particular the development of local infrastructure, is analyzed. The origin of PPPs, its characteristics, as well as the need and importance for their continuous implementation are explained. The application of PPP is considered through the experiences in certain countries of the European Union and the Republic of Macedonia. Then, the responses to previously hypothesized hypotheses are collected: what is the successful implementation of PPP, what is needed for PPPs and why. In the end, the data from the conducted research are collected, analyzed and determined the profile of certain activities, as well as the possible decisions for further strategies for the implementation of the PPPs.

RISK MANAGEMENT IN PUBLIC-PRIVATE PARTNERSHIP AND OTHER MAJOR INFRASTRUCTURE PROJECTS

EDPACS ◽  
2021 ◽  
Vol 63 (5) ◽  
pp. 6-19
Author(s):  
Alex Sidorenko ◽  
Vladimir Kilinkarov ◽  
Alexey Belkov
Keyword(s):  
Risk Management ◽  
Public Private Partnership ◽  
Infrastructure Projects ◽  
Private Partnership

THEORETICAL AND METHODOLOGICAL FUNDAMENTALS OF PUBLIC-PRIVATE PARTNERSHIP

2021 ◽  
Vol 4 (8) ◽  
pp. 11-18
Author(s):  
Dinara Atadjanova ◽  
Keyword(s):  
Public Sector ◽  
Scientific Basis ◽  
Public Private Partnership ◽  
Infrastructure Investment ◽  
Private Partnership ◽  
Definition Of ◽  
Theoretical Foundations ◽  
Practical Nature

This article examines the theoretical foundations and content of public-private partnership. It also presents the research of scientists who have analyzed the content, scientific basis and practical nature of public-private partnership. As a result of the research, the author gave an author definition of the concept of public-private partnership.Keywords: public, business entity, public-private partnership, public sector, infrastructure, investment, innovation, private partner.

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