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Abstract

The paper considers the role of public-private partnership (PPP) in implementing projects in the social infrastructure of the Russian Federation. The most prospective sectors for implementation of PPP projects are analyzed. The authors emphasize the problems of developing this form of interaction between the business and the state in various spheres of life. Infrastructure bonds are considered as one of the tools for activating PPP projects in social infrastructure; their mechanism is analyzed in the paper. At the present time, the public needs are increasing and, accordingly, the deficiency of the state financing is growing; meantime, there are some large investment projects which, because of their scale and common significance, cannot be implemented by the private business alone. This concerns projects of housing and utility services, transport and energy infrastructure. In these areas, the state needs to exercise continuous control over the following: the quality of services provided the tariff policy and the observance of safety rules. The authors outlined the main directions of PPP projects implementation in various sectors of the national economy, as well as the directions for improving the practice of implementing infrastructure projects based on PPP.

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Abstract

The paper considers the role of public-private partnership (PPP) in implementing projects in the social infrastructure of the Russian Federation. The most prospective sectors for implementation of PPP projects are analyzed. The authors emphasize the problems of developing this form of interaction between the business and the state in various spheres of life. Infrastructure bonds are considered as one of the tools for activating PPP projects in social infrastructure; their mechanism is analyzed in the paper. At the present time, the public needs are increasing and, accordingly, the deficiency of the state financing is growing; meantime, there are some large investment projects which, because of their scale and common significance, cannot be implemented by the private business alone. This concerns projects of housing and utility services, transport and energy infrastructure. In these areas, the state needs to exercise continuous control over the following: the quality of services provided the tariff policy and the observance of safety rules. The authors outlined the main directions of PPP projects implementation in various sectors of the national economy, as well as the directions for improving the practice of implementing infrastructure projects based on PPP.

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