16 years on the transport market

PPP – a tool of implementing compound integrated development projects as exemplified by the infrastructure transport hub of the Baltic region

Transport hub of the Baltic region One of the 3 competing traffic streams on the territory of the EU and Russia (MTC)

Transport hub of the Baltic region Significance for countries of Northern Europe and Barents-Arctic region Integration character: cross-link of territories and creation of surplus value in corridors of development Integration character: cross-link of territories and creation of surplus value in corridors of development

Interindustry interests Transport hub of the Baltic region Major hub servicing export-import flows Protection and promotion of Russias interests at the international level Significance for Russia

Formation of points of economic growth Transport hub of the Baltic region Ground for working out standards of the transport-logistic industry Generation of elites in Saint Petersburg Significance for Russia

Federal power Regional power Industry business Working group At the RF Ministry of Transport for development of Saint Petersburg transport hub In the current situation compound integrated projects can be implemented only on the basis of PPP Groups of interests

PPP today is : dominance of oligopolies existing contradiction of long-term and short-term money lack of economic mechanisms of attracting operating business into infrastructure projects imperfect mechanism of project implementation management

Practice of micromanagement of projects generates: dominance of industrial natural monopolies lack of integrated approach emergence of the notion of an administrative reserve and administrative annuity biased choice of an investor

Possible solutions ?

Integrated strategic planning must not be discrete must provide for a mechanism of implementation and sources of financing must account for connection with social aspects must have an interindustry spatial character must not be discrete must provide for a mechanism of implementation and sources of financing must account for connection with social aspects must have an interindustry spatial character WHAT DOES THIS MEAN?

Integrated strategic planning Application of an authors approach in the conditions of economic restructuring with the ensuing responsibility and the model to be implemented Planning is to assign the development vector and support of businesses in its implementation

Division of responsibility and risks Strategic (market development) state Development of a joint tool of design and management Operational (market efficiency) Private business

Inter-budget relations Regional budget Costs of maintaining the assigned vector of development and infrastructure support Costs of fixed-capital assets and operating activities ensuring return of investments Federal budget Private capital

Alliances Federal budget Private capital +

Mechanism of project implementation management Creation of an investment company and a collegial body of project implementation management State MC Private MC

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