PROGRESSIVE PRACTICES OF IMPLEMENTING PUBLIC-PRIVATE PARTNERSHIP PROJECTS IN CRITICAL INFRASTRUCTURE

Main Article Content

Dmytro Zatonatskiy
https://orcid.org/0000-0002-4828-9144
Serhiy Lieonov
https://orcid.org/0000-0001-5639-3008

Abstract

Private-public partnerships (PPPs) have become one of the leading and most effective models for investing in critical infrastructure, so the use and development of PPP models based on best practices is of particular importance in the current crisis period and during post-war recovery due to high pressure on the state budget and high risks for investment. The purpose of the study is to analyze progressive practices for the implementation of PPP projects for the critical infrastructure sectors and to develop recommendations for formulating a strategy for the usage of PPP projects in the different sectors of Ukrainian critical infrastructure. A detailed analysis of current approaches to the implementation of PPPs in the field of critical infrastructure was conducted, progressive practices of applying digitalization tools in this area were identified, and problems and prospects for their implementation were outlined. The potential factors, barriers and incentives based on regulatory, political, social, and technical factors that affect the implementation and effectiveness of PPPs in creating a modern "smart infrastructure" are highlighted. It is determined that the most important sectors for the execution of PPPs projects in most countries in recent years have been transportation, environment, education, healthcare, and telecommunications. However, the analysis of PPP projects in Ukraine concluded that the main areas of focus were the production and supply of water, gas and heat, while less attention was paid to infrastructure for education and healthcare. The article proposes strategies for the implementation of PPPs and determines the importance of each of their components for the successful implementation of PPPs, which will be relevant for Ukraine, especially at the stage of post-war reconstruction of critical infrastructure. The results of the study provide systematized information that will be useful for civil authorities, potential investors, and the scientific community.

Article Details

How to Cite

Zatonatskiy, D., & Lieonov, S. (2024). PROGRESSIVE PRACTICES OF IMPLEMENTING PUBLIC-PRIVATE PARTNERSHIP PROJECTS IN CRITICAL INFRASTRUCTURE. Socio-Economic Relations in the Digital Society, 1(51), 59-72. https://doi.org/10.55643/ser.1.51.2024.554

References

Akomea-Frimpong, I., Jin, X., Osei-Kyei, R. & Kukah, A.S. (2023). Public–private partnerships for sustainable infrastruc-ture development in Ghana: a systematic review and recommendations. Smart and Sustainable Built Environment, Vol. 12 No. 2, pp. 237-257. DOI: https://doi.org/10.1108/SASBE-07-2021-0111

Akomea-Frimpong, I., Jin, X., Osei-Kyei, R., & Tumpa, R.J. (2023). A critical review of public–private partnerships in the COVID-19 pandemic: key themes and future research agenda. Smart and Sustainable Built Environment, Vol. 12 No. 4, pp. 701-720. DOI: https://doi.org/10.1108/SASBE-01-2022-0009

Ampratwum, G., Tam, V.W.Y., & Osei-Kyei, R. (2023). Critical analysis of risks factors in using public-private partnership in building critical infrastructure resilience: a systematic review. Construction Innovation, Vol. 23, No. 2, pp. 360-382. DOI: https://doi.org/10.1108/CI-10-2021-0182

Balcilar, M., Uzuner, G., Nwani, C., & Bekun, F.V. (2023). Boosting Energy Efficiency in Turkey: The Role of Public–Private Partnership Investment. Sustainability, 15, 2273. DOI: https://doi.org/10.3390/su15032273

Cheng, S., Yu, Y., Meng, F. et al. (2023). Potential benefits of public–private partnerships to improve the efficiency of urban wastewater treatment. npj Clean Water, 6, 13. DOI: https://doi.org/10.1038/s41545-023-00232-2

European РРР Expertise Centre (2022). Market update. Review of the European public-private partnership market in 2022. March 2023, 20 р. URL: https://www.eib.org/attachments/lucalli/20230009_epec_market_update_2022_en.pdf

Gao, B., Ozturk, I., & Ullah, S. (2023). A new framework to the green economy: asymmetric role of public-private part-nership investment on environment in selected Asian economies. Economic Research-Ekonomska Istraživanja, 36:1, 1960-1971. DOI: 10.1080/1331677X.2022.2094441

Jayasena, N.S., Chan, D. W. M., Kumaraswamy, M.M., & Saka, A.B. (2023). Applicability of public-private partnerships in smart infrastructure development: the case of Hong Kong. International Journal of Construction Management, 23:11, 1932-1944. DOI: 10.1080/15623599.2022.2027076

Mohammed Abdelkader, E., Zayed, T., El Fathali, H., Alfalah, G., Al-Sakkaf, A., & Moselhi, O. (2023). An Integrated Multi-Criteria Decision Making Model for the Assessment of Public Private Partnerships in Transportation Projects. Mathematics, 11(16):3559. DOI: https://doi.org/10.3390/math11163559

Musenero, L., Baroudi, B., & Gunawan, I. (2023). Critical Issues Affecting Dispute Resolution Practice in Infrastructure Public–Private Partnerships. Journal of Construction Engineering and Management, Volume 149, Issue 3. DOI: https://doi.org/10.1061/JCEMD4.COENG-1290

Quan, X., & Solheim, M. C.W. (2023). Public-private partnerships in smart cities: A critical survey and research agenda. City, Culture and Society, Volume 32, 100491. DOI: https://doi.org/10.1016/j.ccs.2022.100491

Spilno (2017). Реалізація проектів державно-приватного партнерства в Україні. Spilno, Київ, 2017, 94 с. URL: https://mtu.gov.ua/files/%D0%9F%D0%BE%D1%81%D1%96%D0%B1%D0%BD%D0%B8%D0%BA%20%D0%A0%D0%B5%D0%B0%D0%BB%D1%96%D0%B7%D0%B0%D1%86%D1%96%D1%8F%20%D0%94%D0%9F%D0%9F%20%D0%B2%20%D0%A3%D0%BA%D1%80%D0%B0%D1%97%D0%BD%D1%96.pdf

Tian, B., Wang, Z., Li, C., & Fu, J. (2023). Can relational governance improve sustainability in public-private partnership infrastructure projects? An empirical study based on structural equation modeling. Engineering, Construction and Archi-tectural Management, Vol. 30 No. 1, pp. 19-40. DOI: https://doi.org/10.1108/ECAM-04-2021-0333

Toan, N.Q., Hai, D.H. (2023). Assessment of factors influencing on the success of public-private partnerships infrastruc-ture projects in Vietnam. Archives Of Civil Engineering, Vol. LXIX, Issue 1, pp. 343 –365. DOI: 10.24425/ace.2023.144177

Zhang, S., Leiringer, R. & Winch, G. (2023). Procuring infrastructure public-private partnerships: capability development and learning from an owner perspective. Construction Management and Economics DOI: https://doi.org/10.1080/01446193.2023.2235439

Затонацька Т.Г., Анісімова О.Ю., & Затонацький Д.А. (2022). Глобальні тренди прямих іноземних інвестицій та зміни маркерів під впливом російсько-української війни. В монографії За заг. ред. О. Л. Гальцової Інноваційно-інвестиційний механізм забезпечення конкуренто-спроможності країни: колективна монографія, Львів-Торунь: Ліга-Прес, 232 с. (c. 158-176). DOI: https://doi.org/10.36059/978-966-397-255-8-9

Стан здійснення ДПП в Україні. URL: https://www.me.gov.ua/Documents/Detail?lang=uk-UA&id=9fc90c5e-2f7b-44b2-8bf1-1ffb7ee1be26&title=StanZdiisnenniaDppVUkraini&isSpecial=true