PUBLIC-PRIVATE PARTNERSHIP MECHANISM

Abstract

In modern business conditions, limited budget funding, insufficient infrastructure development, and the need for import substitution forced the state to develop and improve new forms of interaction with private investors. One of the effective methods of interaction with private businesses in the implementation of various projects is a public-private partnership. In this article, the elements of the public-private partnership mechanism are explored. The optimal environment-forming conditions for the implementation of the public-private partnership mechanism projects in Ukraine are determined. The fundamental problems, associated with the effective implementation of public-private partnerships in the managing government property practice, are considered. Also, the possible directions for decision public-private partnership problems have been revealed. The main components of the public-private partnership mechanism are interaction, contractual work, project priorities, risk distribution, participation in financing, and distribution of responsibility, a subject of facility operation. The principles of state participation in public-private partnership projects should be the following fundamental installations: participation and interest; compliance with the interests of the parties; Transparency of the project of public-private partnership, accountability and responsibility for the decisions made; Justice and compliance with the rules when distributing responsibility between project participants; stability of interaction and coordination of efforts between government agencies and private investors; Efficiency and effectiveness. The main conditions for the successful preparation and implementation of various forms of public-private partnership, contributing to the increase in their effectiveness, efficiency and perception by society, are the following: Development of real projects; accounting for the opinions and requirements of the population and employees of enterprises; information support in the media, of socially significant projects; the creation of effective civil monitoring authorities for the implementation of large projects; Creation of a personnel basis for the successful implementation of public-private partnership projects; Qualitative methodical support for project management procedures through the formation of a publicly available national project database. There are no examples of successfully implemented major public-private partnership projects. Nevertheless, the need to develop potential partnership mechanism for state and private enterprise to implement the transition of Ukraine to European standards of energy, housing, and social infrastructure are becoming increasingly obvious. Therefore, all the above aspects are extremely important for Ukraine, where the public-private partnership concept as a promising socio-economic institution receives support at the high state level.