Role of Public-Private Partnership in the Development of Road Network in Russian Federation
Gapochka, Igor (2016)
Gapochka, Igor
Jyväskylän ammattikorkeakoulu
2016
All rights reserved
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2016120719360
https://urn.fi/URN:NBN:fi:amk-2016120719360
Tiivistelmä
The research was aimed on identification of economical essence, benefits and pitfalls of Public-Private Partnership in the development of road network in Russian Federation. The purpose of the research was caused by three reasons: low quality of roadways across the country, insufficient amount of money in the country's budget to ensure the proper scope of modernization and lack of integrated research of defining the mechanism of Public-Private Partnership.
Based on the tasks and objectives, data was collected by using a qualitative research. Secondary data was obtained through different databases and statements of specialists, working in the sphere of transport. This data allowed author to create hypotheses, which were further tested through empirical study. E-mail interview with a leading specialist of Committee of Development Transportation Sphere in St. Petersburg and survey with employees of same organization took place just after the time, when hypotheses were made. Interview was made with the purpose of getting a deeper understanding of key concepts that were presented in the literature review. Survey was launched after the interview, in order to test intermediate hypothesis and to validate the final results. Total number of respondents was 42. For this specific topic it can be considered a reliable number.
The results revealed the fact that successful implementation of Public-Private Partnership in realization of roads projects in Russia increases the quality of final services, finds new sources of investments, and promotes innovation and effective risk allocation. At the same time, weak legislative framework and lack of integrated approach of defining benefits of Public-Private Partnership decreases the efficiency of this collaboration in Russia.
Based on the findings, author made recommendations and solutions in the end of the work. These solutions can be useful governmental institutions and private companies.
Based on the tasks and objectives, data was collected by using a qualitative research. Secondary data was obtained through different databases and statements of specialists, working in the sphere of transport. This data allowed author to create hypotheses, which were further tested through empirical study. E-mail interview with a leading specialist of Committee of Development Transportation Sphere in St. Petersburg and survey with employees of same organization took place just after the time, when hypotheses were made. Interview was made with the purpose of getting a deeper understanding of key concepts that were presented in the literature review. Survey was launched after the interview, in order to test intermediate hypothesis and to validate the final results. Total number of respondents was 42. For this specific topic it can be considered a reliable number.
The results revealed the fact that successful implementation of Public-Private Partnership in realization of roads projects in Russia increases the quality of final services, finds new sources of investments, and promotes innovation and effective risk allocation. At the same time, weak legislative framework and lack of integrated approach of defining benefits of Public-Private Partnership decreases the efficiency of this collaboration in Russia.
Based on the findings, author made recommendations and solutions in the end of the work. These solutions can be useful governmental institutions and private companies.