Impact Of Legislation On Infrastructure Financing By Public-Private Partnership Concept Cover Image

Uticaj zakona o finansiranju infrastrukture od strane javno-privatnog partnerstva
Impact Of Legislation On Infrastructure Financing By Public-Private Partnership Concept

Author(s): Slađana Benković, Slađana Barjaktarović-Rakočević
Subject(s): Economy
Published by: Универзитет у Нишу
Keywords: infrastructure financing; public-private partnership; legislation

Summary/Abstract: The introduction and development of public-private partnership as a funding concept is becoming essential for the development and implementation of infrastructure projects. Even though infrastructure financing is a sector which traditionally relied on budgetary resources, the economic crisis and limited economic growth and development require new ways of funding. Therefore, there is growing interest of the public sector to introduce new financial instruments intended for financing of infrastructure projects, which requires creation of political, economic and legal framework that will allow it. Private investors are becoming more and more interested in creating conditions that will allow a more efficient and regulated implementation of the public-private partnership concept, with appropriate regulations. This paper aims to point to potential opportunities and guidelines that should be incorporated into the public-private partnership law, which is expected to provide the financial resources intended for construction and development of infrastructure in Serbia.

  • Issue Year: 2011
  • Issue No: 4
  • Page Range: 401-409
  • Page Count: 9
  • Language: English