PECULIARITIES OF IMPLEMENTING PUBLIC-PRIVATE PARTNERSHIP PROJECTS
Abstract
The article examines the peculiarities of implementing public-private partnership (PPP) projects as a modern mechanism of interaction between the public and private sectors. The theoretical aspects of PPP, including its essence, goals and forms, are revealed, with an emphasis on the possibility of efficient use of joint resources. The author analyses the main PPP models used in the world practice with a view to their adaptation to the conditions of Ukraine.
The author examines the key stages of PPP project implementation, including: setting goals and objectives, preparing project documentation, searching for investors, concluding contracts, and monitoring the fulfilment of obligations. Particular attention is paid to the role of regulatory and legal support in creating a favourable institutional environment for partnership development.
The main advantages of PPP implementation are identified, including attracting private investment in strategic sectors, improving the quality of services, and reducing the burden on the state budget. At the same time, the risks associated with the implementation of such projects are highlighted: possible conflicts of interest, imperfect legislative framework, and limited financial and technical resources of the private sector.
The article presents recommendations for improving the mechanisms for implementing PPPs in Ukraine, taking into account international experience. Ways to increase the effectiveness of public-private cooperation are proposed by improving competitive selection procedures, strengthening project implementation control, and expanding the scope of partnerships.
The results of the study are aimed at developing effective approaches to the development of public-private partnerships as a tool for ensuring sustainable economic growth, improving infrastructure and improving the quality of life of the population.
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References
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