INSTRUMENTS FOR ENCOURAGING PUBLIC-PRIVATE PARTNERSHIPS IN TRANSPORT INFRASTRUCTURE PROJECTS

Christina Nikolova

Economics 21, 2017, issue 1 Year 2017, 40-60

Abstract: he study presented aims to reveal the potential for expanding and intensifying public-private partnerships (PPPs) in the implementation of transport infrastructure projects. It focuses on the existing instruments for promoting PPPs in transport industry. The article presents an analysis of the European experi¬ence and the results from the application of instruments for promoting PPPs in transport industry. It summarizes the experience of the European Investment Bank in using these instruments, which will become increasingly important after the change in the use of structural funds and the allocation of the EU funding for infrastructure projects after 2020. It also conducts a critical analysis of the possi-ble forms of implementing PPPs in transport industry and defines their benefits and the areas of application. The main problems faced by public and private sectors in the implementation of PPPs as a form of financing transport infra-structure projects in the country are also outlined.

Keywords: public-private partnership; investments; transport infrastructure; infrastructure projects (search for similar items in EconPapers)
JEL-codes: O18 R42 R48 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:dat:econ21:y:2017:i:1:p:40-60

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