THE QUALITY OF PUBLIC INFRASTRUCTURAL INVESTMENTS AND PUBLIC-PRIVATE PARTNERSHIP
Abstract
In this article it is aimed at to analyze public private partnership (PPP) as being widely used
method of implementing public infrastructural investments in recent years by using World Bank data.
Basic conditions of PPP are appropriate choice of contracting company, optimum sharing of
the investment risk among government and contractor and low cost liability charged on public budget.
According to World Bank data greatest amount of PPP investment has been made in the field
of communication. Electricity takes second place and highways come third. Turkey as being third
among country rankings, biggest portion of PPP investments made in the field of electricity.
2
Turkey faces complications of PPP due to the weak legislative framework, non-transparent
contingent liabilities of the government and contracts made subject to private law rules and
introducing build – lease - transfer model in health care services unique to Turkish practice.
Keywords
References
- IMF; Making Public Investment More Efficient, June,2015
- T.C. Kalkınma Bakanlığı; Dünyada ve Türkiye’de Kamu-Özel İşbirliğine İlişkin Gelişmeler, Ankara, 2015
- Miller, Mark & Shakira Mostapha; Public Investment Management, Overseas Development Institute, London, 2016.
- www.imf.org/external/np/fad/publicinvestment/ppp.worldbank.org/public-private-partnership/
- www.saglikyatirimlari.gov.tr
Details
Primary Language
Turkish
Subjects
-
Journal Section
Research Article
Authors
Publication Date
April 30, 2017
Submission Date
March 28, 2017
Acceptance Date
-
Published in Issue
Year 2017 Volume: 4 Number: 2