Vol.8, No 4, 2011 pp. 401 - 409
UDC 334.752 338.49:336.13
IMPACT OF LEGISLATION ON INFRASTRUCTURE FINANCING BY PUBLIC-PRIVATE PARTNERSHIP CONCEPT
Slađana Benković, Slađana Barjaktarović Rakočević
Faculty of Organizational Sciences, University of Belgrade, Serbia
benko@fon.bg.ac.rs
The introduction and development of public-private partnership as a funding concept is becoming essential for the development and implementation of infrastructure projects. Even though infrastructure financing is a sector which traditionally relied on budgetary resources, the economic crisis and limited economic growth and development require new ways of funding. Therefore, there is growing interest of the public sector to introduce new financial instruments intended for financing of infrastructure projects, which requires creation of political, economic and legal framework that will allow it. Private investors are becoming more and more interested in creating conditions that will allow a more efficient and regulated implementation of the public-private partnership concept, with appropriate regulations. This paper aims to point to potential opportunities and guidelines that should be incorporated into the public-private partnership law, which is expected to provide the financial resources intended for construction and development of infrastructure in Serbia.
Key Words: infrastructure financing, public-private partnership, legislation
UTICAJ ZAKONA O FINANSIRANJU INFRASTRUKTURE OD STRANE JAVNO-PRIVATNOG PARTNERSTVA
Uvođenje i razvoj javno-privatnog partnerstva kao koncepta finansiranja postaje od suštinskog značaja za razvoj i implementaciju infrastrukturnih projekata. Iako je finansiranje infrastrukture sektor koji se tradicionalno oslanjao na budžetska sredstava, ekonomska kriza i ograničen privredni rast i razvoj, uslovljavaju iznalaženje novih načina finansiranja. Zato se interes javnog sektora za uvođenjem novih finansijskih instrumenata namenjenih finansiranju infrastrukturnih projekata povećava, što zahteva spremnost za stvaranje političkog, ekonomskog i pravnog okvira koji će to omogućiti. U isto vreme, privatni investitori postaju sve više zainteresovani za stvaranje uslova koji omogućavaju efikasniju i uređeniju implementaciju koncepta javno-privatnog partnerstva, sa adekvatnim regulatornim okvirom. Radom se želi ukazati na potencijalne mogućnosti, ali u isto vreme i smernice koje treba inkorporirati u zakon o javno-privatnim partnerstvima od koga se mnogo očekuje u procesu obezbeđenja finansijskih sredstava namenjenih izgradnji i razvoju infrastrukture u Srbiji.
Ključne reči: finansiranje infrastrukture, javno-privatno partnerstvo, zakonodavstvo
