DOI: 10.36871/ek.up.p.r.2020.09.01.018
UDC 08.00.14
Authors
T. T. ADAMIYA,
PhD student, Department of World Finance, Financial
University under the Government of Russia,
Moscow, Russia
Abstract
The purpose of this work is to identify the main problems in the formation and development of PPP projects in
Russia, as well as to propose ways to solve them. The article analyzes the significant barriers hindering the development
of PPP in Russia, based on the results of international and Russian studies.
The study found that a strategic PPP approach has the potential to mitigate cost overruns and facilitate the
timely delivery of each project phase on a timetable by clearly delineating governance, sharing common risks, integrating
resources, applying best practices, and setting cost budgeting and accountability throughout life cycle. PPP
in the long term can solve each of these tasks to varying degrees, depending on the project.
Recently, the development of public-private partnerships (PPPs) and overcoming barriers to the implementation
of investment and construction projects in the form of PPPs have become increasingly relevant and discussed at the state level, as well as among large and medium-sized businesses in Russia. The development and improvement
of financial mechanisms within the country will create a basis for the effective use of resources, business and
government opportunities in the development of PPP projects, in particular infrastructure.
Keywords
public-private partnership, investment project, construction industry, world experience, mechanisms, tools.
