Determining the effectiveness of project financing in the implementation of public-private partnership projects

2020 ◽  
pp. 74-78
Author(s):  
R.R. Savchuk ◽  
Keyword(s):  
Public Private Partnership ◽  
Project Financing ◽  
Private Partnership

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.

scholarly journals PECULIARITIES OF APPLICATION OF STATE-PRIVATE PARTNERSHIP IN ENERGY

2018 ◽  
pp. 87-98
Author(s):  
Veronika Pobedonostseva ◽  
Galina Pobedonostseva
Keyword(s):  
Heat Supply ◽  
Large Scale ◽  
Public Private Partnership ◽  
The State ◽  
Project Financing ◽  
Private Partnership ◽  
Murmansk Region

At the article the main forms of interaction between the state and business in applying the experience of public-private partnership in Russia and abroad are elucidated. The decision of a problem on realization of the project of a heat supply in one of cities of Murmansk region is considered. The issue of a mechanism for financing large-scale projects using project financing on the basis of public-private partnership in world practice is elucidated. Conclusions about the expediently of applying public-private partnership as a mechanism for interaction between business and the state are drawn.

Feature town development for inclusive urban development? The case of the Jadeware Feature Town in Yangzhou, China

2021 ◽  
pp. 146499342110473
Author(s):  
Yunpeng Zhang
Keyword(s):  
Local Government ◽  
Urban Development ◽  
Public Private Partnership ◽  
Project Financing ◽  
Urban Bias ◽  
Private Partnership ◽  
Spatial Transformations ◽  
Town Development ◽  
New Type

This article examines the current wave of feature town development in China, a key pillar of China’s new type urbanization strategy. It is based on a case study of a feature town in Yangzhou, which is being developed within Wantou Township, with a focus on tourism nominally connected with the jadeware industry through public–private partnership (PPP). The article first demonstrates how the local government took advantage of inflated institutional incentives and pursued speculative construction and commodification of places. Although PPP introduced new dynamics to project financing and operation, this Jadeware Feature Town project, integral to urban-centric socio-spatial transformations of Wantou, marginalized existing inhabitants, sustained a land-based accumulation and reproduced an urban bias. The experience of the Jadeware Feature Town deviates from the national urbanization strategy’s emphasis on inclusion and equity and raises concerns over whether feature town development, or PPPs, can offer an alternative to exploitative, exclusionary land-based urbanization.

Project finance in Russia: The status, international practices, and public-private partnership

2020 ◽  
Vol 26 (3) ◽  
pp. 630-643
Author(s):  
A.V. Chernov
Keyword(s):  
Public Private Partnership ◽  
Project Finance ◽  
Current Status ◽  
Project Financing ◽  
Private Partnership ◽  
Current State ◽  
Foreign Countries ◽  
The Status ◽  
Market Management ◽  
Further Development

Subject This article considers the issues related to project financing in Russia, its current status, foreign practices in this area, as well as in the context of public-private partnership. Objectives The article aims to explore the current state and development of project financing in Russia and foreign countries, analyze and identify risks, and consider trends in the further development of project financing. Methods For the study, I used the methods of comparative, logical, and statistical analyses, and graphical interpretation of information. Results The article defines project financing, identifies risks, and denotes trends in its global and domestic development. Conclusions and Relevance The introduction and application of public and market management models, or their combination, may be an incentive for further development of project financing. Today, the most promising direction is the use of project financing as a method of financing investment activities. The results of the study are theoretically relevant for further research into the financing of infrastructure projects in Russia.

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 Belt and Road Initiative and Islamic Financing: The Case in Public Private Partnership Infrastructure Financing

2019 ◽  
Vol 6 (1) ◽  
pp. 24-40 ◽  
Author(s):  
JinZi Chu ◽  
Aishath Muneeza
Keyword(s):  
Public Private Partnership ◽  
Islamic Finance ◽  
Global Trade ◽  
Belt And Road Initiative ◽  
Project Financing ◽  
Private Partnership ◽  
Cross Border ◽  
Belt And Road ◽  
Ancient Silk Road ◽  
Cross Border Cooperation

China’s One Belt and One Road (OBOR) is a global trade network across Asia, Africa, Europe and Oceania. Also known as Belt and Road Initiative (BRI), OBOR is an attempt to redraw ancient Silk Road to foster global trade and economic development. Nearly 30 Muslims-majority countries are part of China’s vision of BRI. The purpose of this paper is twofold: first, to investigate how public private partnership (PPP) has been applied in BRI projects; and second, to explore how Islamic finance can fit within a PPP context. This paper proposes a framework for using Islamic finance in infrastructure PPP projects. This paper also analyses two PPP projects where Islamic finance was deployed as project financing. It is hoped that the discussed risks and outcome of the study will assist in integration of Islamic finance in infrastructure projects that will create efficiency in processes in cross-border cooperation.

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