ORGANIZATIONAL ASPECTS OF FORMATION AND OPERATION OF THE PUBLIC PRIVATE PARTNERSHIP AND PROSPECTS FOR ITS IMPLEMENTATION N THE CONSTRUCTION INDUSTRY
Pages 267 - 271
The authors argue that successful development and implementation of major infrastructural projects require special arrangements between the government authorities and the private sector. The authors have developed their proposals concerning models of interaction and strengths of the above arrangements that apply to the organizational structure of the management of infrastructural projects as a step towards the formation of an advanced and progressive model of interaction between public and private sectors. Public-Private Partnership (PPP) is the model in question.
Great Britain is the pioneer of the public private partnership model that was later picked up in the USA, Canada, Australia and the EU constituent states.
PPP and the construction industry have strong links in terms of the involvement of the private sector in the resolution of public problems of the urban infrastructure, namely, restructuring of airfields, railways, public healthcare facilities, kindergartens, schools, etc.
DOI: 10.22227/1997-0935.2012.10.267 - 271
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