Possibility of Applying the PPP Mechanism in the Implementation of Smart City Projects
The relevance of the research topic is due to the search for funding sources and tools for implementing projects to create an urban management infrastructure using digital technologies. At the federal level, the Smart City project is included in the system of the national project Housing and Urban E...
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| Format: | Article |
| Language: | English |
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Financial Research Institute
2019-12-01
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| Series: | Финансовый журнал |
| Subjects: | |
| Online Access: | https://www.finjournal-nifi.ru/images/FILES/Journal/Archive/2019/6/statii/fm_2019_6_05.pdf |
| _version_ | 1818274932978614272 |
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| author | Valentina N. Parakhina Olga A. Boris Rustam M. Ustaev Galina V. Vorontsova Oksana N. Momotova |
| author_facet | Valentina N. Parakhina Olga A. Boris Rustam M. Ustaev Galina V. Vorontsova Oksana N. Momotova |
| author_sort | Valentina N. Parakhina |
| collection | DOAJ |
| description | The relevance of the research topic is due to the search for funding sources and tools for implementing projects to create an urban management infrastructure using digital technologies. At the federal level, the Smart City project is included in the system of the national project Housing and Urban Environment and the national program Digital Economy, as well as in the state program Providing Citizens of the Russian Federation with Affordable and Comfortable Housing and ReevUtilities. The aim of the work is to study approaches to assessing the benefits and applicability of public-private partnerships as a mechanism for attracting private investors’ funds to create urban infrastructure using digital technologies. The research methodology includes a set of comparative analysis methods, point-rating and expert evaluations in terms of financing infrastructure projects for the development of urban economy. As a search for the best foreign practices in Russian practice, an analysis of theoretical approaches to assessing the ability of countries to implement financially sustainable and effective public-private partnership projects taking into account the international tool - the Infrascope index is carried out. It is shown that the possibility of implementing PPP projects has binary indicators, but at the same time, the acceptability of a particular legal form must be assessed taking into account the comparative advantage of PPP over budget procurement. According to the results of the analysis, the most popular and real forms of PPP implementation, if the object is information and communication technologies, are agreements (concession agreements) on PPP. |
| first_indexed | 2024-12-12T22:21:43Z |
| format | Article |
| id | doaj.art-ebfab54d13494afe979fcb8bd5002057 |
| institution | Directory Open Access Journal |
| issn | 2075-1990 2658-5332 |
| language | English |
| last_indexed | 2024-12-12T22:21:43Z |
| publishDate | 2019-12-01 |
| publisher | Financial Research Institute |
| record_format | Article |
| series | Финансовый журнал |
| spelling | doaj.art-ebfab54d13494afe979fcb8bd50020572022-12-22T00:09:54ZengFinancial Research InstituteФинансовый журнал2075-19902658-53322019-12-0111No. 6708210.31107/2075-1990-2019-6-70-82Possibility of Applying the PPP Mechanism in the Implementation of Smart City ProjectsValentina N. Parakhina0https://orcid.org/0000-0003-0693-9716Olga A. Boris1https://orcid.org/0000-0002-6245-9250Rustam M. Ustaev2https://orcid.org/0000-0001-6533-3699Galina V. Vorontsova3https://orcid.org/0000-0003-4774-232XOksana N. Momotova4https://orcid.org/0000-0002-7278-1534North Caucasus Federal University, Stavropol 355017, Russian FederationNorth Caucasus Federal University, Stavropol 355017, Russian FederationNorth Caucasus Federal University, Stavropol 355017, Russian FederationNorth Caucasus Federal University, Stavropol 355017, Russian FederationNorth Caucasus Federal University, Stavropol 355017, Russian FederationThe relevance of the research topic is due to the search for funding sources and tools for implementing projects to create an urban management infrastructure using digital technologies. At the federal level, the Smart City project is included in the system of the national project Housing and Urban Environment and the national program Digital Economy, as well as in the state program Providing Citizens of the Russian Federation with Affordable and Comfortable Housing and ReevUtilities. The aim of the work is to study approaches to assessing the benefits and applicability of public-private partnerships as a mechanism for attracting private investors’ funds to create urban infrastructure using digital technologies. The research methodology includes a set of comparative analysis methods, point-rating and expert evaluations in terms of financing infrastructure projects for the development of urban economy. As a search for the best foreign practices in Russian practice, an analysis of theoretical approaches to assessing the ability of countries to implement financially sustainable and effective public-private partnership projects taking into account the international tool - the Infrascope index is carried out. It is shown that the possibility of implementing PPP projects has binary indicators, but at the same time, the acceptability of a particular legal form must be assessed taking into account the comparative advantage of PPP over budget procurement. According to the results of the analysis, the most popular and real forms of PPP implementation, if the object is information and communication technologies, are agreements (concession agreements) on PPP.https://www.finjournal-nifi.ru/images/FILES/Journal/Archive/2019/6/statii/fm_2019_6_05.pdfpublic-private partnershipimplementation formmodelstatebusinessfinancial resourcesdigitalization |
| spellingShingle | Valentina N. Parakhina Olga A. Boris Rustam M. Ustaev Galina V. Vorontsova Oksana N. Momotova Possibility of Applying the PPP Mechanism in the Implementation of Smart City Projects Финансовый журнал public-private partnership implementation form model state business financial resources digitalization |
| title | Possibility of Applying the PPP Mechanism in the Implementation of Smart City Projects |
| title_full | Possibility of Applying the PPP Mechanism in the Implementation of Smart City Projects |
| title_fullStr | Possibility of Applying the PPP Mechanism in the Implementation of Smart City Projects |
| title_full_unstemmed | Possibility of Applying the PPP Mechanism in the Implementation of Smart City Projects |
| title_short | Possibility of Applying the PPP Mechanism in the Implementation of Smart City Projects |
| title_sort | possibility of applying the ppp mechanism in the implementation of smart city projects |
| topic | public-private partnership implementation form model state business financial resources digitalization |
| url | https://www.finjournal-nifi.ru/images/FILES/Journal/Archive/2019/6/statii/fm_2019_6_05.pdf |
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