scholarly journals PUBLIC-PRIVATE PARTNERSHIP IN INFRASTRUCTURE PROJECT FINANCING: GLOBAL TRENDS

Author(s):  
Olena Liakhova
2020 ◽  
pp. 50-62
Author(s):  
K.S. Teteryatnikov ◽  
S.G. Каmolov ◽  
A.A. Pyatova

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.


2021 ◽  
pp. 1087724X2110466
Author(s):  
Alinaswe Sinkala ◽  
Edward Ochieng ◽  
Diana Ominde ◽  
Tarila Zuofa ◽  
Sulafa Badi

As significant increases in the financing of infrastructure and other resources will still be required to bridge the current infrastructure gap experienced globally, alternatives to the standard PPP infrastructure project delivery models are constantly appraised in several nations. This research examined the viability of reframing Public Private Partnership (PPP) frameworks as hybrid PPP alliances (HPPPA), which would enhance current PPP practices and enable practitioners in South Africa to deliver PPP infrastructure projects more efficiently. The research adopted a two-pronged qualitative data collection approach, utilizing semi-structured interviews as well as case studies to obtain empirical evidence that was compared to secondary data on how PPP practices in South Africa can be enhanced. The research established that while the South African PPP legislations was adjudged as being suitable, the delivery framework was found to be highly costly and comprised of long approval processes.


Author(s):  
T. S. Cheremnaya

Abstract: In the article the questions of application of public-private partnership (PPP) for the implementation of projects in infrastructure in the BRICS countries (BRICS). The analysis is carried out on the basis of a comparison of the legal framework in the field of public-private partnership and concession legislation, as well as the experience gained in the implementation of projects. Using data from open sources, materials of the meetings of the authorities and business on the issues of implementation of publicprivate partnerships, statements of responsible persons developed a comparative table that identified and summarized trends in the development of public-private partnership in the BRICS countries. Examines global trends in the sphere of use of PPP mechanisms in the five countries, as well as key sectors in which PPP projects. Identified current problems in the implementation of projects in the preparatory phase and in case of change of technical and financial parameters of the project. The practical significance of the results of this study is the feasibility of extending public-private partnership in the implementation of joint projects in the BRICS countries. The results of the study can be used in the formation of the General strategy of development of infrastructure of BRICS countries on how in-country and inter-state levels.


2018 ◽  
pp. 87-98
Author(s):  
Veronika Pobedonostseva ◽  
Galina Pobedonostseva

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.


2021 ◽  
pp. 146499342110473
Author(s):  
Yunpeng Zhang

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.


2020 ◽  
Vol 26 (3) ◽  
pp. 630-643
Author(s):  
A.V. Chernov

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.


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