Efficiency assessment of public-private partnership (PPP) projects: The case of Russia

Andrey Berezin, Bruno S. Sergi, Natalia Gorodnova

Research output: Contribution to journalArticlepeer-review

28 Citations (Scopus)

Abstract

The most recent international experience shows that public-private partnership (PPP) is a public procurement that improves the management of public and municipal property in the construction sector. This article proposes a method for ranking countries by the probability of being successful in implementing a PPP. The new methodology is based on a system of indicators to assess the quality of the institutional environment, the experience of project implementation, the state readiness, private organizations, and the society for the effective implementation of PPP projects. We develop a new method to gauge challenging Russia's new legislation that, although having been introduced in 2015, has already boosted a tumultuous number of new PPP projects and it is expected to enhance PPP opportunities in the country further.

Original languageEnglish
Article number3713
JournalSustainability (Switzerland)
Volume10
Issue number10
DOIs
Publication statusPublished - 16 Oct 2018

Keywords

  • Algorithm for evaluation
  • Economic development
  • Infrastructure projects
  • Private sector
  • Public-private partnerships
  • Rating
  • State
  • Sustainable development

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