Tuesday, 16 Dec 2014

Public-Private Partnership: Prospects of Improving Legislation

Almost 4 years ago it was an active discussion in housing and communal sector regarding “what is better – to harmonize legislation in this field based on a new conceptual model or to make quick cosmetic amendments to certain laws”. It was stopped at the latter as it was quicker. Three years have passed since that moment. The result is obvious. And that is one more argument for complex development of the PPP legislation. If we decide to move in this direction, than the Model PPP Law could become a basis for a deep understanding of the problems that exist in this field in Ukraine and ensuring of system development of the legislation. At the same time, of course, it is necessary to maximally consider the current situation with legal regulation of concessions not to make harm. But we should not be afraid of breaking the formed understanding of PPP if it assist in creation of favorable environment for investments in infrastructure modernization and in overcoming the lack of trust of the society to business and state authorities.