Implementation Of Public-private Partnership Research Articles

Economic integration of Germany with EU through Effective implementation of Public Private Partnership

Economic integration of Germany with EU through Effective implementation of Public Private Partnership

Conceptual platform and applied aspects of interaction between government and business agencies in the Republic of Kazakhstan

The focus of the article is the evaluation of the interaction between regional state bodies and business structures in Kazakhstan, specifically in terms of the development of public-private partnerships. The purpose of the research is to enhance the understanding of the theoretical and practical aspects of the mechanism of interaction between the state and business structures. Through an examination of the various structural components of the partnership development strategy, the study aims to identify the elements of the mechanism for the implementation of the state and business development strategy. Additionally, the research seeks to establish the correlation between the outcomes of the joint entrepreneurship mechanism and the criteria used to evaluate the performance of regional state bodies. To assess the effectiveness of the interaction between business and government at the regional level in Kazakhstan, a survey-based evaluation was conducted to measure the satisfaction levels of public utilities, entrepreneurs, and businesses with the activities of local authorities. The survey also evaluated the degree of corruption among local authorities. A matrix of interaction between business and government was created, and various models and algorithms for the interaction between government representatives and business structures were studied. The research findings highlight the importance of enhancing the collaboration between the state and the business sector, promoting the implementation of public-private partnerships, and establishing social partnerships to cultivate mutually beneficial relationships.

PUBLIC-PRIVATE PARTNERSHIP AS A TOOL FOR FINANCIAL SUPPORT OF THE ENERGY SECTOR IN UKRAINE: ANALYSIS, MECHANISM, FINANCIAL REPORTING

Based on the analysis of the dynamics of implementation of public-private partnership (PPP) projects in Ukraine, key problems have been identified and its priorities in financial support for the recovery of the native energy sector have been determined. It is appointed that PPP concession agreements are the main mechanisms for attracting investment in the global electric power industry. The expediency of using the concession model on BOT terms for the implementation of large projects in the energy sector is substantiated, which will contribute to the intensification of investment attraction and will allow to distribute risks between the state and business. Recommendations on the formation of an information platform for participants in the implementation of PPP projects on the basis of disclosure of information on the effectiveness of concession operations in accounting and financial statements have been developed. The tools for the formation of the financial mechanism of public-private partnership, where the priority is budget and venture financing, are substantiated. To make decisions on the implementation of PPP investment projects, an approach to assessing the financial support of project initiatives is recommended, the basis of which is the proposed criteria for compliance with financial security, the choice of funding sources, indicators of scenario analysis and efficiency. The proposed methodical approach to assessing the effectiveness of PPP allows us to assess the synergistic effect, which reflects the totality of economic, social and environmental effects. The formulated recommendations for improving the relationship between the state and business will contribute to the intensification of the attraction of private investment resources on the basis of PPPs for the restoration of the energy sector in Ukraine.

ASSESSMENT OF INNOVATIVE-INVESTMENT POTENTIAL IN THE CONTEXT OF CREATING A SAFE ENVIRONMENT FOR THE IMPLEMENTATION OF PUBLIC-PRIVATE PARTNERSHIPS IN THE REGION

The main purpose of the article is to propose a theoretical and methodological approach to the assessment of the innovative-investment potential of a region for the implementation of public-private partnerships. The object of study is the innovative-investment potential of a particular region. To achieve the set goal, the scientific task is posed in the form of developing and implementing an approach to assess the level of innovative-investment potential in the region in order to identify prospects for the implementation of public-private partnerships. The research methodology involves the application of various methods, the key among which is the method of taxonomic analysis. The key components of innovative-investment potential and the indicators for which the assessment was conducted have been identified. Special attention is given to economic-financial indicators. The work of the taxonomic approach in the context of our research is described. The key indicators of assessment of innovative-investment potential for each city in the selected region have been calculated. Standardized values for each calculation result have been determined. A ranking of all cities according to their potential level was carried out, and it was determined which of them has the greatest security potential for the implementation of public-private partnerships. As a result, the obtained data showed the practical value of the proposed assessment method. The research has limitations in the form of taking into account the specifics and information of only one region of the country. Prospects for further research include expanding the regional aspect in conducting assessments.

Public Financing Model Through Long-Term Contractual Agreements for Public-Private Partnership Projects

This research aims to analyze alternative models of public financing in the Public-Private Partnership (PPP) scheme involving the government and the corporate sector. This research utilizes a qualitative research method with a content analysis data collection methodology to examine the limitations and shortcomings of PPPs. The findings of this study indicate that Public-Private Partnerships (PPPs) have shown a persistent pattern of failure, leading to continuous renegotiation between the government and the private sector. The implementation of PPPs carries risks that can lead to a loss of public oversight of PPP initiatives. The government's lack of experience in making judgments that can carry political risk also plays a role. The PPP model sets a higher cost of capital, which causes the private sector to charge higher tariffs to customers, possibly resulting in a monopoly by private companies. PPPs have imposed a burden on the state and faced opposition to privatization due to a lack of understanding among parties involved in state-owned enterprises (SOEs). The government lacks transparency in decision-making regarding privatization and fails to provide adequate information to stakeholders involved in SOE privatization. Government decision-making on privatization lacks transparency and does not follow established processes and procedures.

Analysis of the Advancement of Public-Private Partnership in Ukraine

Introduction. The significant amount of destruction caused by the war in Ukraine necessitates the involvement of all forms of financial and organizational support for the country's reconstruction process. A tried-and-tested method of attracting resources to this process is a public-private partnership. The intensification of public-private partnerships aims to meet the basic needs of the population during martial law before creating the necessary conditions for economic recovery after the war. Since the war led to the stagnation of the specified process, the obstacles and peculiarities of public-private partnerships in this period need to be researched.
 Aim and tasks. The purpose of this study is to analyse the impact of martial law conditions on the activation of public-private partnerships to reveal its role in the recovery of the country's economy based on the analysis of available data to identify trends and significant results that can shed light on the activation of the public-private partnership process. This determines the following tasks: to investigate obstacles to the activation of public-private partnership from 2021 to this time, and to establish peculiarities, urgent directions, and prerequisites for implementing projects, measures, methods, and forms of public-private partnership in the specified period.
 Results. The analysis showed that, in recent years, the contractual discipline of partnership projects has significantly deteriorated, and the range of directions for their implementation has narrowed and does not correspond to the priorities specified in the legislation. Thus, in 2021, only 16% of agreements were realized, 16.6% were terminated, and 61.6% still needed to be implemented. Directions for their implementation are not urgent in wartime conditions. Business activity is restrained by the risks of war, incomplete compliance of the legal framework with the conditions of war, and the intensification of illegal actions against investment objects. In total, 363 court cases related to raiding were initiated in 2023, reflecting a two-fold increase compared to 2022. The identified peculiarities, directions, and prerequisites for the implementation of public-private partnerships intensify the implementation process.
 Conclusions. Measures to reduce risks and change the approaches to their distribution in partnership agreements have been proposed. It is proposed to introduce an institute of small investors, which will strengthen public control of public-private partnership projects and ensure the attraction of additional private investments in the process of rebuilding the country. This is substantiated by the fact that 61% of the surveyed citizens are ready to participate financially in the reconstruction of the country's infrastructure and 33% are ready to participate if they have a financial opportunity.

Methodological and analytical basis of construction enterprises in the cycle of public-private partnership projects

Public-private partnership (PPP) is a strategically important management tool that allows the state and the private sector to jointly implement projects in various fields, such as infrastructure, health care, education, and others, to promote economic development. However, the successful implementation of PPP requires a clear understanding of the basic definitions and concepts underlying it. This research work is devoted to working out the content of basic definitions in the context of the establishment and development of PPPs. It examines the main terms, such as "public-private partnership", "public-private partnership", "infrastructure projects" and others, including their definition, essence and role in the formation of an effective model of cooperation between the state and the private sector. The conducted research is based on the analysis of scientific literature, legal acts and practical experience of PPP implementation in different countries of the world. It is aimed at revealing the essence and meaning of each of the definitions, highlighting the key aspects that affect their interpretation and use in practice. In addition, the work draws attention to the evolution of concepts and terms in the context of the establishment and development of PPPs over time. Taking into account the dynamics of the global market and changing economic conditions, the work analyzes the impact of new factors on the understanding and use of basic definitions in PPP practice.The main results of the study provide a clear and concrete understanding of the basic definitions of PPPs, which will contribute to improving the quality of planning, implementation and management of PPP projects. In addition, they can become the basis for further research in this area, including the development of new theoretical models and methods for assessing the effectiveness of PPPs.All this indicates the relevance of the topic and the importance of further research in order to improve PPP practice and promote sustainable economic development .

DEVELOPMENT OF PUBLIC-PRIVATE PARTNERSHIP IN THE CHUVASH REPUBLIC

The purpose of this study is to analyze the state of public-private partnerships in the Chuvash Republic, identify the trends of their formation and propose the ways of their development. Materials and methods. The paper made use of the ratings, monthly Russia's public-private partnership market review digest, investment sites, which provide up-to-date information, an overview of public-private partnership projects in the Chuvash Republic. The main research methods were analysis and comparison. The authors made the analysis of the dynamics of the implementation of public-private partnerships in the Russian Federation, SWOT analysis of the development of public-private partnerships in the Chuvash Republic and the comparison analysis of investment sites of different regions. Research results. As a result of the detailed analysis of regional investment portals and ratings, the author found that the investment website of the Chuvash Republic, which provides examples of successful practices of public-private partnerships, is not informative enough. The analysis of the public-private partnership reveals that the Chuvash Republic ranks the last in the Volga Federal District in terms of the public-private partnership development rating, which implies there are problems in this area. There is a need for identifying the most interesting and suitable practices of implementing public-private partnerships to be used in the Chuvash Republic. Thus, as a result of the analysis of the public-private partnership development in the Chuvash Republic, the author proposes new ways to effectively develop public-private partnerships. They will help to improve the position in the public-private partnership ranking and attract investment to the Chuvash Republic. Conclusions. Thus, the article substantiates that the investment site of the Kaluga region is more complete and the most advanced, and as the first best experience, it is quite applicable when improving the investment site of the Chuvash Republic. Using the example of the experience of the Republic of Bashkortostan, the author proposes to introduce a new position at the Center for Public-Private Partnership in the Chuvash Republic – a business sheriff.

Critical Success Factors for the Implementation of Public-Private Partnerships in Zimbabwe's State Universities

A weakness of the extant Public-Private Partnerships (PPPs) literature to date has been its normative approach to the subject, creating in effect, a 'one size fits all view' of the preconditions or Critical Success Factors (CSFs) for the implementation of PPPs yet they vary with the context and sector. This study challenges the existing prominent CSFs model for the implementation of PPP which it perceives to be broader and biased towards economic infrastructure in rich industrial nations and excludes the realities of post-colonial third world countries. The research developed a refined sector-specific Educational Infrastructure Critical Success Factor Model (EICSFM) that will inform effective implementation of educational infrastructure PPPs in Zimbabwe state universities. Validated suggestions from research participants were compared to the existing model used to guide this study and results showed that some of the suggested CSFs for PPPs in Zimbabwe state universities tallies with this extant widely accepted CSFs model for PPPs, whereas some differ. The new suggested emerging sector-specific CSFs for effective implementation of PPPs in state universities include; the need for state universities to have absolute autonomy, the establishment of institutional PPP Committees, state universities to be creative and aggressive, vibrant leadership at state universities, universities to have good business orientation, the establishment of innovative PPPs models for educational infrastructure projects (social infrastructure projects), the creation of project bankability and attractiveness to investors, the need for political will and creation of trust. Comparing such suggestions to the extant CSFs model, the study concluded that even though some these preconditions for successful implementation of PPPs may be similar to some of the existing ones, their application is not similar but context-based. The study thus recommends governments avoid a ‘one size fits all’ perception and approach, but rather encompass sector-specific considerations when adopting and implementing PPPs as an alternative funding option for infrastructure development.

Collaboration in a Partnership for Primary Health Care: A Case Study From Papua New Guinea.

In low- and middle-income countries, public-private partnerships (PPPs) are often used to support the delivery of primary health care (PHC). We explore the processes of collaboration in a corporate social responsibility investment in PHC that was delivered through a PPP model in Western Province, Papua New Guinea, in 2009-2018 to strengthen PHC services. Qualitative interviews were conducted with stakeholders in the PPP (N=20). Key program documents were also reviewed. Data were coded using a general inductive approach, and Actor-Network Theory (ANT) was used to frame the analysis. Four dominant themes emerged: (1) interpersonal relationships accelerate collaboration, (2) collaboration requires time, (3) formal governance structures encourage collaboration, and (4) internal change disrupts collaboration. The research provides insight into the role of collaboration for more efficient, effective, and impactful design and implementation of PPP for PHC. It makes suggestions for how ANT may be used when designing PPPs and for the ongoing management of relationships between partners. We found ANT to be a useful framework to conceptualize the complex dynamics between the "actors" within the PPP and to identify opportunities for improvement where structural changes may be made to circumvent issues that may compromise effective collaboration. Collaboration is key to the success of PPPs for PHC. We found collaboration is not formulaic but is driven by actors, relationships, time, and governance. ANT can assist in designing, understanding, and managing the complex relationships between stakeholders of a PPP, who often come with diverse agendas, experiences, values, and perspectives.

Legal view on the concept of optimum models of public-private partnership in the security sector of Ukraine

The article is devoted to the study of public-private partnership in the security sector of Ukraine. It was established that public-private partnership is the highest form of interaction (cooperation) between the state and society, characterized by the involvement and exchange of resources provided by the non- state sector in order to increase innovation and efficiency in the public sector, as well as the development of certain areas.
 Attention is drawn to the fact that despite the fact that the Law of Ukraine «On Public-Private Partnership» does not single out the security sector as an area where interaction between the state and society is possible, the analysis of current legislation in the defense sphere and daily practice shows that the security sector is also sphere of implementation of public-private partnership. It is specified that a) the security of the state is a good that is necessary for the proper and full functioning of society; b) the sphere of state security contributes to the provision of public interest, which determines the need for proper interaction of the private and public sectors; c) the field of security, within which the public-private partnership is implemented, includes cyber security, public safety, protection of critical infrastructure facilities, border security and territorial integrity of Ukraine, etc.
 It is established that the study of public-private partnership models is impossible without taking into account the experience of the United States of America (Anglo-American legal system) and the European Union (Romano-Germanic legal system). It was concluded that the most optimal models of public-private partnership in the security sector for Ukraine are 1) implementation of priority projects in the field of infrastructure of local and state importance through the tender procedure (practice of the United States of America); 2) attraction of state assets by private companies, which makes it possible to implement many joint projects in the field of security (practice of the European Union); 3) contract for management and operation (of the European Union); 4) concession agreement.

Leveraging blockchain to anchor information for supervision in PPP projects: a conceptual framework

PurposeThe information used for supervision by regulatory departments in public-private partnership (PPP) projects is primarily transmitted and processed by the PPP implementation department, which negatively impacts the information quality, leading to information asymmetry and undermining the overall effectiveness of supervision. This study aims to explore how to use blockchain to anchor the information used for supervision in PPP projects to the original information, to strengthen the oversight.Design/methodology/approachThis paper adopts the principles of design science research (DSR) to design a conceptual framework that systematically organizes information along the information dissemination chain, ensuring the reliable anchoring of original information. Two-stage interviews involving experts from academia and industry are conducted, serving as formative and summative evaluations to guide the design.FindingsThe framework establishes a weak-centralized information organizing mode, including the design of governance community and on-chain and off-chain governance mechanisms. Feedback from experts is collected via interviews and the designed framework is thought to improve information used for supervision. Constructive suggestions are also collected and analyzed for further development.Originality/valueThis paper provides a novel example exploring the inspirations blockchain can bring to project governance, like exercising caution regarding the disorderly expansion of public sector authority in addressing information disadvantages and how to leverage blockchain to achieve this. Technical details conveyed by the framework deepen understanding of how blockchain benefits and the challenges faced in successful implementation for practitioners and policymakers. The targeted evaluation serves as rigorous validation, guiding experts to provide reliable feedback and richer insights by offering them a more cognitively convenient scenario.

Law enforcement of electronic government in the context of public-private partnership in the state security and defense sector

The article is devoted to the study of the law enforcement of electronic governance in the context of public-private partnership in the security and defense sector of the state. It was concluded that the application of electronic governance will be associated with general features of the use of digital technologies in the activities of public administration and special features mediated by public-private partnership in the security and defense sector of the state. It is noted that electronic governance is a concept of regulating social relations based on the use of digital technologies.
 It has been established that the key characteristic of e-governance is digitization management with an emphasis on the needs of the citizen. Attention is focused on the fact that the specifics of the law enforcement of e-governance of public-private partnership in the security and defense sector of the state is mediated by the possibility of using digital technologies as regulators of social relations related to ensuring the proper state of security of the state and its national interests.
 It was determined that the application of e-governance measures is an integral component of the national security of the state as a whole and the application of public-private partnership tools.
 It was established that the following should implement their activities based on the principles of electronic governance: 1) bodies authorized to regulate activities related to public-private partnership as a whole; 2) bodies acting as a party to public-private partnership in the security and defense sector of the state.
 The thesis that the degree of application of electronic governance tools in the public-private partnership in the security and defense sector will vary depending on the status of the entity that will act as a party to contractual relations from the state side is substantiated.
 It is concluded that finding a balance between the use of digital tools that allow to simplify public access to the activities of public institutions during the implementation of public-private partnerships with the obligation not to disclose activities in this context will always lean towards the functional purpose of protecting the state over ideas digital transformation.

К ВОПРОСУ РАЗВИТИЯ ИННОВАЦИОННОЙ ДЕЯТЕЛЬНОСТИ В РАМКАХ РЕАЛИЗАЦИИ ПРОЕКТОВ КОСМИЧЕСКОЙ ПРОМЫШЛЕННОСТИ

The article explores the organizational and economic mechanism with a high component of innovative activity for the implementation of public-private partnership (PPP) projects in the space industry. The author draws attention to the outflow of foreign capital and highly qualified specialists from Russia, and proposes to use public-private partnerships for the sustainable development of the country and intensification of innovation activities. The article emphasizes that the integration of public and private enterprises in the space industry will allow them to combine their resources, overcome industry problems and reduce the costs of producing space products. The importance of granting rights to use state infrastructure, preferential lending to small and medium-sized businesses, marketing activities and improving industrial management within the framework of the organizational and economic mechanism is also discussed.

ЗАЛУЧЕННЯ ІНВЕСТИЦІЙ НА ЗАСАДАХ ДЕРЖАВНО-ПРИВАТНОГО ПАРТНЕРСТВА В УМОВАХ ПОВОЄННОЇ РОЗБУДОВИ НАЦІОНАЛЬНОГО ГОСПОДАРСТВА: ПЕРЕДУМОВИ ТА ІНСТРУМЕНТАРІЙ

The prerequisites for the implementation of the public-private partnership mechanism in the domestic economy are revealed, with an emphasis on the processes of national economy recovery in the post-war period. The importance and functional role of public-private partnership in building effective investment attraction strategies is argued, with the hypothetical assumption of their promotion of rapid modernization and development of key sectors of the national economy. The public-private partnership in various socio-economic and political environments was analyzed and it was established that it should be considered an adaptive system that uses a mechanism of its implementation adequate to the situation. It has been established that in many countries of the world, public-private partnership is currently recognized as an important socio-economic concept, which, moreover, with the change of socio-economic and political parameters in the world space, acquires new forms of its application, in particular methods of financing the development of infrastructure or providing higher quality and volume of various types of public services. The existing state of domestic legislative regulation of public-private partnership is summarized and the appropriate stages of its implementation in the processes of post-war recovery of the Ukrainian economy are given. Separate directions for creating a favorable investment climate in the post-war period are argued, which relate to the provisions of the legal framework and institutional infrastructure, investment guarantee criteria. It is substantiated that they are critically important for reducing risks for domestic and foreign investors, a factor in increasing the attractiveness of public-private partnership projects. It has been established that the Strategy for the implementation of public-private partnership in the process of socio-economic recovery of Ukraine should primarily be based on the rational planning of the stages of recovery work both for infrastructure projects important for the national economy, as well as the provision of public services and stimulation of economic growth, the application of regulatory mechanisms aimed at ensuring transparency, accountability and fair distribution of risks between public and private participants.

Analysing Boons & Banes of COVID 19 Pandemic: A Perspective from Healthcare Services & Policy Standpoint

Background: The myriad effects of COVID 19 pandemic on health and beyond are getting being recognized with the passing time. Aims & Objective: We attempted to compile a general assessment of the various positive and negative impacts of COVID 19 on health and healthcare services, drawing on global and Indian experiences, as well as incorporating a contemporary viewpoint of India's health policy. Methodology: A comprehensive search through PubMed, Google Scholar, news articles, and official documents was conducted to gather evidence on pandemic's impacts (March 2020 - April 2022). Policy capacity framework and health policy studies were analysed without time constraints. Results: The COVID-19 pandemic has heightened the demand for emergency services, affecting the availability of healthcare resources for both communicable and non-communicable disorders. Initially, maternal and child health services experienced a decline, but later rebounded. Telemedicine and community-based care emerged as valuable assets during the pandemic. From a health policy perspective, the crisis prompted a shift from a curative to a prevention-oriented approach. Conclusion: Strengthening and refining rules and regulations governing the implementation of public-private partnerships (PPPs) in health, as well as systematic investment in preventive programmes such as WASH and nutrition were identified as possible areas of health reforms.

Організаційне забезпечення розвитку державно-приватного партнерства

Statement of the problem. Currently, there are many problems and unresolved issues that hinder the processes of effective implementation of projects between the state and private business. Accordingly, it can be argued that there is a need for in-depth scientific research on the functioning of public-private partnerships, which actualises the direction and topic of the research in this article. Analysis of recent research and publications. The implementation of public- private partnership is studied in the publications of such scholars as Garifullin M., Degtyarev A., Kozar Y., Komarnytska H., Kosach I., Krynychko L., Krynychko F., Petryk S., Savchenko V., Stoyka S., Stoyka V. and others. They raise the issue of the national experience of public-private partnership in the context of development of investment and innovation activities, consider certain aspects of the institution of public-private partnership, in particular, as the basis of financial and economic stability of the state, study the peculiarities of development of public-private partnership in the context of decentralisation of power in Ukraine. Identification of previously unresolved parts of the general problem. The subject of this study is to analyse the organisational support for the development of public-private partnerships and to substantiate strategic directions for improving the interaction between the state and the private sector in current conditions. Summary of the basic research material. Public-private partnership is characterised as a socio-economic category within which the state and the private sector interact to implement specific projects. The implementation of a partnership between private business and the state has the advantage that it involves state support and guarantees. Today, there are many problems associated with inadequate state support for public- private partnerships in Ukraine. The article proposes strategic directions of support and development of public-private partnership in Ukraine. These include: regulatory (improvement of the legislative and regulatory framework for the implementation of public-private partnerships and bringing it in line with international norms and standards); organisational (implementation of organisational measures to strengthen the State support for public-private partnerships); motivational (focus on motivational factors for involving private entities in cooperation with the State on the basis of the latest tools and methods); and innovative (use of innovative and investment tools). Conclusions. Today, there are many problems associated with inadequate state support for public-private partnerships in Ukraine. Measures should be taken in line with the implementation of strategic directions aimed at developing public-private partnerships. The key area should be to improve the regulatory framework for the implementation of public-private partnerships and its state support, which can ensure the interaction of private business and public authorities with the highest efficiency. It is necessary to provide sufficient motivational levers based on the latest tools and methods and to apply innovative and investment tools that can bring public-private partnership to a qualitatively new level of development

A Framework for Implementation Public-Private Partnership in Roads’ Maintenance and Operating Projects in Jordan

This paper describes a systematic approach to assess and fund highways infrastructures project in Jordan. In essence, it focuses on building a framework to implement Public-Private Partnership (PPP) in roadways’ Maintenance and Operating (M&O) projects. It presents a methodology to assess the conditions of the highway infrastructures using structural and functional indices. The deterioration in the infrastructure condition with the age is presented, followed by M&O project period classification. Subsequently, identifying the problems confronted in the PPP (M&O) process and the associated factors affecting PPPs in service delivery, and proposing activities contributing to improvements of the M&O performance with the implementation of PPP. Thereafter, a framework to implement the PPP in highway maintenance projects is presented.

Роль офсетных контрактов в развитии механизмов государственно-частного партнерства

An offset contract implies a government contract that assumes the existence of counter investment obligations, both on the part of the investor and on the part of the state. The investor assumes responsibility for the creation or modernization of production on the territory of the Russian Federation, and the state, in turn, creates attractive conditions for doing business. From the meaning and content of the offset contract, it can be considered as a manifestation of the mechanism of public-private partnership, which finds its expression as a result of the interaction of the subject of the Russian Federation and the supplier-investor. Offset contracts represent a promising and beneficial mechanism for both sides of interaction, which allows us to focus on long-term cooperation, which entails the creation of new production facilities on the territory of the constituent entities of the Russian Federation, as a result, jobs, and an increase in tax revenues. The urgency of a detailed study of the offset contract mechanism is conditioned by the possibility of implementing the plans of the Government of the Russian Federation to localize the production of technically complex products and increase the pace of import substitution under international sanctions. The study presents the advantages of an offset contract in comparison with other investment attraction tools and options for its adaptation in the Kursk region.
 The purpose to study the role of offset contracts in the development of public-private partnership mechanisms and summarize ideas about the future prospects of its implementation in the mechanism of attracting investment in the regions.
 Objectives: to form an idea of the concept and essence of an offset contract, to identify promising areas for the development of offset contracts, to form proposals for improving the stages of concluding an offset contract, to substantiate proposals for the further development and adaptation of this tool in the mechanism of attracting investment to the region.
 Methodology. In the process of studying the subject under consideration, such methods as analysis, synthesis, generalization, logical, as well as graphical methods of information processing were used. 
 Results. The offset contract should be considered as a mechanism for the implementation of public-private partnership, since it meets the set of features inherent in it (attracting an investor on the terms of long-term interaction, the state acts as one of the parties, there is a possibility of exceeding the limits of budget allocations). The obligations of the parties are reciprocal and imply continuous interaction throughout the implementation period. The offset contract has significant advantages for both private and public parties, however, in fact offset contracts have practically not been distributed on the territory of the subjects of the Russian Federation, which is due to the similarity of offset contracts with other mechanisms of public-private partnership.
 Conclusions. It is proposed to revise the classic procedure for concluding an offset contract, consisting of the sequential execution of stages and expand them to include assistance in site selection and assistance in the implementation of the contract with the help of tax incentives, subsidies and infrastructure development. On the example of the Kursk region, the investment component was analyzed, creating the "soil", the foundation for the development of offset contracts. We have formed proposals to stimulate the conclusion of investment contracts in the region by differentiating tax benefits for residents of the special economic zone "Third Pole" who have concluded an offset contract in the Kursk region.

Развитие взаимодействия государства и бизнеса в промышленности на примере особых экономических зон

The article considers the strategic priorities for the development of the Donetsk People’s Republic (DPR) as an industrial region. The need for new organizational forms in industrial production to increase production capital and attract technologies in order to give impetus to the implementation of the vector of industrial development of the Republic is substantiated. Using the example of special economic zones in the Russian Federation, the role of the state in intensifying industrial development, supporting the diversified economic structure of the new region and exiting the investment pause caused by the influence of the geopolitical situation on the economic state and reproductive processes is substantiated. In this article, the authors suggest an organizational and economic mechanism for the implementation of public-private partnerships in industry and identify promising sectors of industrial development for the new Russian region, which is the DPR. Studying the peculiarities of the functioning of special economic zones in the Russian economy will contribute to a deeper understanding of the republic’s integration processes in the sphere of industrial development.