The combination of the state and business resources can be the right solution for the implementation of large-scale and costly infrastructure projects. However, the right framework conditions must be in place for PPP to be effective and contribute to industrial development. These include the proper legal regulation of the partnership, transparency in the choice of private investors and the assessment of all possible risks.
The Ministry for Development of Economy, Trade and Agriculture of Ukraine, which has drafted the law, assures that the amendments mean that the state can guarantee its obligations in PPP and develop new infrastructure projects in Ukraine.
The experts from ECOVIS Bondar & Bondar advise clients on a full range of PPP projects. They assist private investors, project developers, concessionaires, lenders and contractors with all aspects of PPP arrangements in Ukraine.
For further information please contact:
Mariia Stepanenko, Associate, ECOVIS Bondar & Bondar, Kyiv, Ukraine
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