Public-private partnership: investments in transport infrastructure

Abstract

The presented study examines public-private partnership with respect to investments in the Russian infrastructure.Aim. The study aims to assess the feasibility of using public-private partnership for investments in the country’s transport infrastructure.Tasks. The author examines the projected investments in the Russian transport infrastructure, determines the segment of the transport infrastructure that needs the most investment, and analyzes the possible applications of public-private partnership for investments in transport infrastructure. The task is to examine the existing legal framework for the implementation of public-private partnership in the investments in transport infrastructure.Methods. The study uses such methods as analysis, synthesis, and comparison.Results. The author identifies the major directions for investments in transport infrastructure, determines the priority area in the implementation of public-private partnership in infrastructure — transport infrastructure, in which roads are the main area for the application of public-private partnership. The types of implementation of public-private partnership for the construction of roads are examined.Conclusions. It is established that there is an increasing need to apply public-private partnership to the development of the country’s infrastructure and its transport sector, and the major mechanisms for the implementation of public-private partnership in the construction of roads are revealed.

Traffic rate forecasting inaccuracy influence on road construction and reconstruction projects' economic efficiency

“…Инвестиции в транспортную инфраструктуру тесно связаны с объемом производства. В краткосрочной перспективе это стимулирует спрос, создавая рабочие места в строительстве и смежных отраслях, а в долгосрочной увеличивает предложение, повышая производственный потенциал экономики [2]. Например, новая дорога может способствовать расширению торговли и, вероятно, будет поддерживать еще больше рабочих мест спустя долгое время после завершения проекта.…”