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Feasibility study of public-private partnership projects: analysis of Russian and international practices


Krykanov D.D.
(about the author)

Krykanov Dmitriy Dmitrievich – (Moscow State Institute of International Relations (MGIMO))

Published in:
Public-Private Partnership
– Volume 4, Number 2 (April-June 2017)

JEL classification: H43, L32

Keywords: efficiency assessment, feasibility study, public-private partnership


Citation:
Krykanov D.D. (2017). Feasibility study of public-private partnership projects: analysis of Russian and international practices. Public-Private Partnership, 4(2), 111-130. doi: 10.18334/ppp.4.2.38144


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Abstract:

The article considers the feasibility study which is a part of the efficiency assessment of public-private partnership programs. We consider this type of assessment as a form of benchmarking of foreign practices of foreign countries with a developed institution of public-private partnership. We present the feasibility study in the most scaling format of its application considering all the factors that are taken into account by the public partner in the process of consideration of the project proposal. Each element of the assessment is reviewed from the perspective of its application abroad and we give step-by-step recommendations for its implementation. We pay special attention to ecological and social feasibility studies because of the high risks associated with these factors. At the same time these factors are least susceptible to quantitative analysis and are least studied in the Russian practice of public-private partnership.








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