Many copies have been broken in the dispute over which is more effective than PPP or government procurement, and it would seem that the advantages of both mechanisms are obvious. However, taking into account the trends towards increased control over budget spending and revision of plans for the implementation of promising projects, we decided to update the material and prepare an exhaustive study "Concessions and public procurement: incentives, opportunities and scenarios for infrastructure development."
We paid special attention to assessing the potential of using PPP tools for various infrastructure industries. On the one hand, more and more new areas are opening up for PPPs (industry, space, data centers, airfields, etc.), but on the other hand, various regulatory restrictions are emerging in traditional concession industries, such as healthcare.
Highways (8.8 points), airport terminals (8.4 points) and telematics (8.2 points) received the highest assessment of the potential for using PPP. The lowest ratings are for electricity distribution networks (3 points) and vocational education facilities (2.6 points).
Our other observation is that the share of PPP investments in the total volume of construction works is growing annually. Back in 2019, it was only 3.5% (322 billion rubles), and in 2026, according to our forecast, it will reach 9% (1.8 trillion rubles). This will happen thanks to the creation of high-speed rail, toll roads in Moscow, St. Petersburg and other cities, as well as initiatives whose financial closure has been delayed due to the high key interest rate.
In conclusion, I would like to note that no matter which tool you choose, do not delay the launch of infrastructure projects. They are getting more expensive by an average of 6-8% annually. At the same time, over a ten-year horizon, the launch of a PPP project can provide up to 3 rubles of additional investment for each ruble invested
