The Challenges and Perspectives of Public-Private Partnership in Ukraine
On 20 January 2021, the Ukrainian Government passed a draft law which now allows the state to conclude ambitious public-private partnership (PPP) agreements, despite restrictions in national budget planning
(PresseBox) - The process of PPP in Ukraine is currently regulated by a number of acts and various bylaws. Nevertheless, there are some difficulties in performing PPP projects related to the budget process in Ukraine. At the moment, the state authorities are unable to take long-term responsibilities for PPP due to restrictions in national budget planning. The new law should make it possible to implement various projects in socially valuable areas such as infrastructure and/or the energy sector.
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
Email: mariia.stepanenko(at)ecovis.ua
Ecovis is a leading global consulting firm with its origins in Continental Europe. It has almost 8,500 people operating in nearly 80 countries. Its consulting focus and core competencies lie in the areas of tax consultation, accounting, auditing and legal advice.
The particular strength of Ecovis is the combination of personal advice at a local level with the general expertise of an international and interdisciplinary network of professionals. Every Ecovis office can rely on qualified specialists in the back offices as well as on the specific industrial or national know-how of all the Ecovis experts worldwide. This diversified expertise provides clients with effective support, especially in the fields of international transactions and investments ? from preparation in the client?s home country to support in the target country.
In its consulting work Ecovis concentrates mainly on mid-sized firms. Both nationally and internationally, its one-stop-shop concept ensures all-round support in legal, fiscal, managerial and administrative issues.
The name Ecovis, a combination of the terms economy and vision, expresses both its international character and its focus on the future and growth.
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Ecovis is a leading global consulting firm with its origins in Continental Europe. It has almost 8,500 people operating in nearly 80 countries. Its consulting focus and core competencies lie in the areas of tax consultation, accounting, auditing and legal advice.The particular strength of Ecovis is the combination of personal advice at a local level with the general expertise of an international and interdisciplinary network of professionals. Every Ecovis office can rely on qualified specialists in the back offices as well as on the specific industrial or national know-how of all the Ecovis experts worldwide. This diversified expertise provides clients with effective support, especially in the fields of international transactions and investments? from preparation in the client?s home country to support in the target country.In its consulting work Ecovis concentrates mainly on mid-sized firms. Both nationally and internationally, its one-stop-shop concept ensures all-round support in legal, fiscal, managerial and administrative issues.The name Ecovis, a combination of the terms economy and vision, expresses both its international character and its focus on the future and growth.
Datum: 25.03.2021 - 03:00 Uhr
Sprache: Deutsch
News-ID 1565975
Anzahl Zeichen: 3230
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"The Challenges and Perspectives of Public-Private Partnership in Ukraine
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