The Role of Public-Private Partnership in the Development of Critical Infrastructure to Achieve the Sustainable Development Goals in Ukraine

Abstract

The article is aimed at researching the institutional bases of the infrastructure projects management, which are financed by the means, attracted on the basis of public-private partnerships in terms of ensuring compliance of such projects with strategic government priorities, in particular those that meet the National Sustainable Development Goals, as well as defining directions of development of the system of management of infrastructure projects, providing its efficiency and sustainability. It is noted that, despite the possibilities to attract financial resources for infrastructure upgrades, the existing mechanisms require improvement in terms of stimulating the attraction of business on the terms of public-private partnerships for implementation of critical infrastructure development projects to achieve the Sustainable Development Goals in Ukraine. The article defines the main sources of financing for projects of the development of critical infrastructure in Ukraine. The experience of European countries, Canada and the USA on implementing public-private partnership projects is analyzed. The necessity to apply the mechanism of implementation of infrastructure projects on the basis of public-private partnership is substantiated. Further steps to develop critical infrastructure in Ukraine under the terms of public-private partnership, taking into account the achievement of the Sustainable Development Goals, are proposed.

Keywords

• public-private partnership
• sustainable development goals
• national development strategy
• critical infrastructure
• financial mechanisms