Abstract

The article considers the tendencies of applying the successful experience of EU countries to increase the efficiency of public-private partnership projects, solving the main problems of their development in socio-economic spheres, as well as to upgrade the infrastructure of countries. Emphasis is placed on the main features that characterize public-private partnership projects, in accordance with the provisions of the Green Paper of the European Union. It is substantiated that the leading countries in the implementation of large-scale public-private partnership projects are the United Kingdom, Germany and France, and the most common areas of application of these mechanisms are transport and social infrastructure. According to the results of 2019, the total value of public-private partnership transactions in the European market was almost 10 billion euros. It is determined that one of the forms of cooperation between public authorities and representatives of private business in developed countries is the mechanisms of public-private partnership, which contribute to more efficient and rational implementation of large-scale projects of national importance. It is substantiated that one of the most common forms of partnership, interaction between public authorities and private business representatives is the private finance initiative, which is actively used by the British government. There is no legal framework in this area, so in practice, the regulation of the implementation of private finance initiative projects is based on internal directives of the UK Ministries of Finance. The essence of the mechanism of private financial initiative is to combine the state procurement program, when the authorities purchase capital construction projects from representatives of private business with the conclusion of an external contract for the provision of public services.

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