ABSTRACT
In today’s Russian economy, the execution of large-scale infrastructural projects with a substantial social impact is only possible if the government and the business community join forces by forming public-private partnerships (PPPs). Public-private partnerships allow for applying the financial and administrative potential of Russian private companies to large-scale investment projects in transport (motorways, railways, airports, river and sea ports, pipelines), utilities (water, power and gas supply, water treatment, etc.), and the social infrastructure (healthcare, education, tourism). The institutional, economic, and legal foundation of developing public-private partnerships on the federal, regional, and municipal level, ensures that the execution of infrastructural projects improves the efficiency of interactions between the authorities and business structures, despite the differences of their economic and social interests.
