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Instruments For Encouraging Public-Private Partnerships In Transport Infrastructure Projects

Author

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  • Hristina NIKOLOVA

    (UNWE)

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.

Suggested Citation

  • Hristina NIKOLOVA, 2017. "Instruments For Encouraging Public-Private Partnerships In Transport Infrastructure Projects," Economics 21, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 40-60.
    • Handle: RePEc:dat:econ21:y:2017:i:1:p:40-60
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    File URL: http://hdl.handle.net/10610/3258
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    More about this item

    Keywords

    public-private partnership; investments; transport infrastructure; infrastructure projects;
    All these keywords.

    JEL classification:

    • R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning
    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure

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