Development of Low-Rise Investment-Construction Projects Based on the Principles of Public-Private Partnership

Abstract

The subject being examined is the development of low-rise residential construction. The aim of the research is the development of investment activity methods in low-rise residential construction by means of public-private partnership projects. This article is focused on the method of low-rise construction investment activities namely the utilization of public-private partnership (PPP) principles in implementation of such projects. It also analyzes forms, models and mechanisms of public-private partnership project implementation existent in the building sector. The classification of Russia's regions according to the level of the building complex development is carried out and degree of the state participation in PPP projects according to the region's socio-economic development is studied. The impact degree of various factors on building sector is researched and a new scheme of cooperation in low-rise construction based on public-private partnership is suggested. Interpretation of received data is conducted using pictorial schemes, tables and formulae. Obtained results laid the foundation for reduction of construction costs and increase in affordability of low-rise accommodation for certain categories of residents within the framework of public-private partnership. Results of the research can be utilized in regional sector strategic planning.