Dear Dr. Abbas. I suppose to adopt a model of public-private partnership, use concession agreements, while it is necessary to take into account objective economic laws and concentration. Best Regargs, Dr Gorodnova
Dear Dr. Abbas, the PPP model is used in the construction of socially and infrastructure facilities only. There is co-financing from the state and private business. All risks are distributed among the partners of the partnership, the state provides guarantees to the contractual firms and the society. With best wishes, prof. Gorodnova
In Russian science there is a dispute related to models of public-private partnership.
First opinion: any signed agreement between the state and private business is a concession (PPP) if it is aimed at resolving socio-economic issues (including contracts for the performance of work and the provision of public services, the supply of products for public needs, etc.). In our opinion, the second point of view deserves attention, according to which most forms of cooperation should not be included in the sphere of legal regulation of PPP. We recommend using the following classification of the forms of implementation of infrastructure projects with state or municipal participation:
1) Forms of public-private partnership: concession agreement (agreement on public-private partnership);
2) Other contractual forms of attracting extrabudgetary funds in the development of public infrastructure: a life cycle contract; Lease agreement of state property with the tenant's investment obligations; Long-term contract for the supply of goods, works, services with investment obligations of the contractor;
3) Corporate forms: the creation of a special project company, combining state and private capital, formed to create and manage public infrastructure facilities.
Really I hope that the explanation is quite detailed.
We understand the super structures as state corporations.
These are corporations with 100% state participation (financing).
Activities specified corporations are connected with the solution of global social and scientific problems: space, nanotechnology, nuclear energy, forming new technological platforms, building facilities for world events, etc.
The problem of improving the management efficiency of such economic entities is a major scientific problem, which is also in the sphere of our scientific interests.
As such, the diversity of financial PPP models in the implementation of investment projects is not expected.
One of the forms of PPPs is a concession in Russian practice today, regulated by the Federal Law.
The concession assumes that the concessionaire (private partner) is obliged to implement the creation or reconstruction of the object of such an agreement within the terms established by the contract.
In other words, this form of PPP allows the state to delegate to the concession company the functions of building, financing and managing a construction project (roads, utilities, etc.).
At the same time, ownership of the property being created (reconstructed) belongs to the concedent (the state), which, subject to the availability of certain conditions, receives remuneration in the form envisaged by law, including in the form of lump sum or periodic payments made to the appropriate budget. In this case, as a rule, the implementation of the project is based on the "life-cycle contract" model, which is widespread in developed countries.
I hope that I answered in sufficient detail the question that interests you.