Defining PPP Opportunities in the Road Sector of Ukraine

Cherevykov, Yevhen (2017): Defining PPP Opportunities in the Road Sector of Ukraine. Forthcoming in: LAP LAMBERT Academic Publishing : pp. 1-42.

Abstract

The road sector is one of strategic segments of Ukrainian economy and public roads are considerable part of Ukrainian infrastructure potential. Many governments have been using PPP concerning highways and other fixed assets. Despite the successful development of the PPP/concession on construction and operation of motorway roads, the failures still happen. The inefficient project is those being prepared for a long period and still being unimplemented. The main obstacles and prerequisites for the PPP in the road sector in Ukraine are explored in this publication

• Item Type: MPRA Paper
• Language: English
• Keywords: PPP, concession, road sector, tolls, availability payment,institutional environment
• Subjects: H - Public Economics > H4 - Publicly Provided Goods > H44 - Publicly Provided Goods: Mixed Markets; M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M2 - Business Economics > M21 - Business Economics; R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R4 - Transportation Economics > R42 - Government and Private Investment Analysis ; Road Maintenance ; Transportation Planning

References

1. Ukraine Road Sector Diagnostic Report. Second Roads and Safety Improvement Project. High-Point Rendel in joint venture with IMC Worldwide, 2015

2. Law of Ukraine ‘On Motorway Roads’ No. 2862-15. Revised 09.12.2015

3. Annual Journal of Ukraine ‘Length and features of public roads’. Ministry of Infrastructure of Ukraine, Kyiv

4. Some issues on reforming state system of managing public roads usage / Decree of Cabinet of Ministers of Ukraine of 31 of March 2015, #432-р

5. On approval of Concept of State Goal Oriented Program of Development of Public Roads for the period of 2013-2018 years / Decree of Cabinet of Ministers of Ukraine of 3 of September 2012 # 719-р

6. Transporting strategy of Ukraine for the period up to 2020. Decree of Cabinet of Ministers of Ukraine of 20 October 2010. N 2174-р

7. Explanation note to the Draft of Law of Ukraine “Changes to the Law of Ukraine “On Roadways”

8. Mechanism of efficient usage and development of transporting and roads potential of Ukraine / Sobkevych O.V., Mykhailychenko K.M., Yemelyanova O.Yu. – К.: NISD, 2014. – 60 p.

9. Some issues on reforming state system of managing public roads / Decree of Cabinet of Ministers of Ukraine of 31 March 2015 # 432-p

10. Technical condition of public roads / Ministry of Infrastructure of Ukraine, Kyiv

11. Dmytriev I.A. Current condition and prospects for development of public automobile road / Dmytriev I.A., Burmaka M.M. // Problems and prospects for business development. - 2013. - # 1. - pp. 64-72

12. Report of State Agency of Automobile Roads of Ukraine on allocation of State budget of Ukraine in 2014

13. Perrot, J-Y., Chatelus, G., 2004, Financing of Major Infrastructure and Public Service Projects: Public-Private Partnership. Lessons from French Experience throughout the World. French Ministry of Public Works, Transport and Housing

14. Public-private partnerships, government guarantees, and fiscal risk / Prepared by a staff team led by Richard Hemming - Washington D.C.: International Monetary Fund. 2006

15. Shediac, R., Abouchakra, R., Hammami, M., Najjar, M., 2008, Public-Private Partnerships. A New Catalyst for Economic Growth. Booz & Company

16. Cherevykov, I., (2013), Institutional Environment for Public-Private Partnership in Ukraine: Do Institutions Really Matter? East European Studies № 4. Research Centre for Economic and Regional Studies of the Hungarian Academy of Sciences, Institute of World Economics, Budapest

17. COST Action TU 1001. Public Private Partnerships in Transport: Trends & Theory. 2013 Discussion Papers. Part I Country Profiles

18. Investment into world infrastructure will be increased twice to USD 9 billion in 10 years. Reuters, 2014

19. François Gaudet (2014), Panel introduction: Institutional investors’ debt in PPPs: myth or reality? European PPP Expertise Centre, Vienna

20. Market Update Review of the European PPP Market in 2015. European Investment Bank, EPEC, 2015

21. Official web-page of ASECAP

22. Varnavsky V.G. Concession in transport infrastructure: the theory, practice, and prospects. M., 2002. pp. 54-55

23. Why traffic forecasts in PPP contracts are often overestimated? Research Paper. 2007. EIB University Research Sponsorship Programme

24. Zapatrina, I., 2011, Public-Private Partnership in Ukraine: Are There Any Perspectives?. Private Equity Russia & CIS Journal (PERCIS), #7

25. Regulatory Framework for Public-Private Partnerships in Roads. Public-Private Partnership in Infrastructure Resource Center, World Bank Group

26. World Bank Group. PPP Knowledge Lab. Ukraine.

27. General Review on PPP Implementation in Ukraine. Ministry of Economic Development and Trade of Ukraine. Kyiv, 2016

28. Law of Ukraine On Public-Private Partnership

29. Order of the Ministry of Economic Development and Trade of Ukraine №255 from 27.02.2012

30. Stein, В., 2012, РРР Units and Related Institutional Frameworks. Lessons Learned. Presentation. European Investment Bank, Kyiv

31. Fitzpatrick, S., 2012, PPP units across Europe. An overview and guidance. Presentation. ForoPPP Conference, Madrid

32. Scenario for Ministry of Infrastructure of Ukraine in terms of the Cabinet of Ministers of Ukraine activity, The Strategy on Sustainable Development "Ukraine - 2020", and The Coalition Agrement of Ukraine in 2015

33. Ukravtodor explains features of PPP/concession in road sector of Ukraine. Official web-page of the State Road Agency of Ukraine

34. Besedina, E., Nizalov, D., Semko, R., 2012, Public-Private Partnership Development Program: Baseline Survey and Central Government Survey. Kyiv Economics Institute at Kyiv School of Economics. USAID. Kyiv