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Development of State Infrastructure with the Involvement of the Private Sector

In: The Role of the Public Sector in Building Social and Economic Resilience

Author

Listed:
  • Ioannis Chatzopoulos

    (Democritus University of Thrace)

  • Andreas Kontos

    (Democritus University of Thrace)

  • Christos Kallandranis

    (University of West Attica)

Abstract

Public–Private Partnerships (PPP) are being increasingly used today in order to find the perfect formula to efficiently complete significant projects (European Investment Bank, (2022). The public sector is in constant need of the funds and the expertise of the private sector, while the latter does have to comply with rules and regulations in order to win and operate an economic project (Rocca, M. D. (2017). The aim of this research paper is to investigate the PPP projects in Greece and to identify where the country stands in comparison to other neighboring emerging countries. The paper follows both the qualitative and the quantitative research method, on the one hand theoretical facts are presented and on the other hand statistics and data give a clearer overview. The findings prove that in Greece, PPP started in 1993, however the first projects were completed in 2002, while the sectors which attract the most funds are the transport industry, because it was rather underdeveloped in the previous decades, education, telecommunications and energy/environment. The comparison with other countries shows that Greece has achieved some significant results, even though it is not achieving so much as the biggest European economies.

Suggested Citation

  • Ioannis Chatzopoulos & Andreas Kontos & Christos Kallandranis, 2024. "Development of State Infrastructure with the Involvement of the Private Sector," Springer Books, in: Alina Hyz (ed.), The Role of the Public Sector in Building Social and Economic Resilience, chapter 0, pages 181-191, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-67702-1_10
    DOI: 10.1007/978-3-031-67702-1_10
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