engleski

Overview of PPP models and the analysis of the opportunities for their application

In recent years, the needs for the development of infrastructure and the public facilities, as a very significant factor of economic growth, have equally increased in the developing and the developed countries. The public governments' budgetary allowances are mostly insufficient to allow keeping pace with these needs. One of the options in finding new ways to finance the facilities of public significance are private investments through a network of contract agreements, widely known under the term public-private partnership (PPP). A public private partnership represents a contract agreement between a properly empowered local, regional or state authority and a private partner with a clear share of responsibilities and risks with the purpose of satisfying a given public need. The paper gives an overview of PPP models and the most significant European Commission's documents related to the PPP. Further, the opinion of the responsible local authorities in the City of Rijeka related to the possibilities of implementing the PPP models in regard with the realization of public facilities projects is presented. Finally, an analysis of the opportunities for PPP model application to one of the foreseen buildings is given.

public private partnership; models; local; regional and state authorities; private partner; PPP model application

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