Public-Private Partnership: Current Status and Prospects for Development

Abstract

In this article the Public private partnership  (PPP), due its special meaning to the  national economy, is under investigation. A  theoretical framework has been established,  with all different types of PPP to be realized  according to it. The study outlines the current  state of PPP contracts, explaining the  regulatory barriers hindering PPPs pursuant  to the Public-Private Partnership Act (PPPA).  The authors of this study hope that it will  become grounds for the discussion of the  issues raised in, whereby the result from  the "part-time dispute" would be assessed  along with the prospects for the formation  of PPPs on a national level. And there are  prospects for the development of PPPsboth  in terms of their "natural substance"  of activities, which are already realizes, as  well as on terms of transforming the funding  mechanisms of different projects of public  importance.