The mechanism of public-private partnerships in attracting investment in agriculture

Abstract

Investment combined with innovation is an essential condition for the growth and development of the socio-economic system. In essence, investments are defined as long-term capital investments in the economy in order to ensure sustainable rates of expanded reproduction. Investments are characterized by the fact that they are always limited, and here it is important to correctly determine the priorities that can maximize the final result. These indisputable priorities include the agro-industrial complex, ensuring the food security of the country. The purpose of the article is determined taking into account the emerging tensions with investment resources of the state, in connection with which it is proposed to intensify the attraction of private investments in the agro-industrial complex, using the experience of economic levers and incentives already approved in the country, aimed at attracting private investments in special economic zones and priority development areas. The analysis of the effectiveness of the special economic zones, including their questioning, conducted by the author and combined with the study of the foreign experience of China and other countries, led to the conclusion about the effectiveness of using the public-private partnership mechanism to attract private investment. The system of economic levers and incentives for attracting investment is proposed in the article.