Interaction between the state and private business in the implementation of regional public-private partnership projects

Abstract

Reviewed mechanisms for combining market factors with state methods of regulating investment activity while consolidating specific forms of state and business participation in financial support for investment development of regions and communities. The task of state authorities and local governments in the implementation of investment agreements to reduce barriers to attracting business to the investment sphere of regions is determined. A system of basic principles is formed on the basis of which a modern public-private partnership is formed based on the development of existing world experience of cooperation between the state and the private sector in investment. The directions of partnership relations between the state, education, science, business and society are proposed within the framework of using public-private partnership mechanisms with consolidating innovative development of the state and regions while ensuring technological development, forming the appropriate social, production and innovation infrastructure taking into account the interests and with the active participation of business with the effective use of state property and budget funds of all levels.