FOREIGN EXPERIENCE IN ORGANIZING PUBLIC-PRIVATE PARTNERSHIPS

Ataniyazova Maksuda Baltabayevna,

PhD , Branch of the Russian State Pedagogical University named after A.I. Herzen in Tashkent,Deputy Dean for Academic Affairs, acting associate professor Tashkent, Republic of Uzbekistan  Email:maksuda.ataniyazova@mail.ru, ORCID:0009-0000-9403-6693

Abstract. Today, the use of the mechanism of public-private partnership in every sector of the economy is considered as an important direction of development. Therefore, public-private partnership is an important means of ensuring the socio-economic development of the country, and is an important source of attracting financial resources to investment projects implemented in cooperation with the state authorities and investors. Based on the relevance of this issue, the article examines the experience of foreign countries in the organization of public-private partnership relations, and explores the possibilities of using these best practices in Uzbekistan. According to the law, a public-private partnership is a partnership between a public partner and a private partner based on pooling their resources for the implementation of a legally formalized public-private partnership project for a certain period of time. The state plays an important role in the field of improving legislation for the effective implementation of PPP programs, in the creation of special institutions for the support of public-private partnerships, and in the development of financial support mechanisms. Various financial mechanisms have been studied in the practice of developed countries. It is important to build on the experience of foreign countries in establishing cooperation between the state and the private sector. Currently, it is envisaged to strengthen the cooperation of the public and private sectors in the creation and regulation of new forms of infrastructure in developed countries. In the effective implementation of the PPP mechanism on a global scale, each country independently determines the PPP models, its forms and mechanisms. In the economic literature, the features of the development of partnership relations between the state and the private sector, the models of the effective implementation of the public-private partnership mechanism in the world, the areas and directions of the use of the public-private partnership in developed and developing countries have been comprehensively researched by economists in a scientific, theoretical and methodological way.

Keywords: private sector, public-private partnership, project efficiency, risks, budget efficiency.

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