Infrastructural water supply disruptions and sewerage: will PPP be able to help?
Seleznev P.L.1
, Piskunov V.V.1
1 Московский государственный институт международных отношений (университет) Министерства иностранных дел Российской Федерации
Journal paper
*
Volume 4, Number 4 (October-December 2017)
* Этот журнал не выпускается в Первом экономическом издательстве
Abstract:
Today the problem of underdeveloped public water supply and sewerage is acute in the world. At the same time, the resources of public budgets, which currently provide up to 75-85% of capital investments in the relevant facilities, are extremely limited in terms of increasing funding. Consequently, the attraction of private capital to public water supply sector through public-private partnership (PPP) mechanisms is seen as a potential solution.
The article analyzes the prospects of application of public-private partnership as a tool for solving issues describes above. Based on the analysis of existing global water and sewerage infrastructure needs, investment trends, and taking into account public-private partnership specifics, the authors draw a conclusion that the application of PPP in public water supply sector is unlikely to cover global water and sewerage disruption. At the same time the mechanism has a high potential for expanding its niche in the countries with effective demand.
Keywords: infrastructure, investments, public-private partnership, public water supply and sewerage
JEL-classification: L32, L95, L97
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