Practice of using the mechanism of state-private partnership in infrastructure projects

Abstract

The mechanism of public-private partnership (PPP) is actively used in the world practice for design, finance, build, and operate infrastructure projects, as well as for solving budget constraints. The article defines the general characteristics of the PPP mechanism, its advantages for the implementation of infrastructure projects, the factors determining its effectiveness. Individual PPP development initiatives to attract investment in infrastructure were considered on the example of a number of countries. The expansion of the use of PPP is possible through the introduction of tax increment financing (TIF) into PPP projects.