Analysis of Public-private Partnerships in the Transport Sector of Eurasian States

Abstract

This study is aimed at studying the public-private partnership (PPP) market of the Eurasian continent, best practices in the field of transport development, comparison of national regulations and the level of government regulation, as one of the important areas of socio-economic development of the member countries of the Eurasian Economic Union (EAEU).Aim . To propose the use of Singapore’s public-private partnership experience for the Russian Federation in the field of transport infrastructure projects.Tasks. Consider the experience of using PPP projects in different countries, highlight key features, analyze the legislative framework and regulatory support in this area, conduct a comparative analysis of PPP projects in the transport sector of Singapore and the Russian Federation and propose successful practices for solving this problem.Methods. Various general scientific and special methods of scientific knowledge are used, among which are analysis, synthesis, analogy, as well as descriptive and system-functional methods. To compare the practices of Singapore and the Russian Federation, the comparative analysis method was used.Results . Based on specific examples, the effectiveness of PPP in infrastructure and social projects in Singapore is substantiated and recommendations are formulated for applying successful experience and scaling it up in the Russian Federation.Conclusion. Using the experience of Singapore’s public-private partnership will help increase the efficiency of PPP projects in the Russian Federation, improve the investment attractiveness of this segment of the economy and, as a result, develop the state’s transport infrastructure and improve the quality of life of the population.