The Supreme Council
of the Pridnestrovian Moldavian Republic

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The public-private partnerships: mutual interest

27.07.2015

The new law "On public-private partnership" that came into force on the 26th of July this year has difficult fate. Its adoption, signing was preceded by lengthy discussions with the participation of state and local authorities, the Union of Industrialists, Agrarians and Entrepreneurs of Pridnestrovie, Chamber of Commerce, heads of enterprises. Deputy of the Supreme Council, Anatoly Kaminsky is the author of the law-in-draft. The objectives of the law are socio-economic development of Pridnestrovie, increased availability, efficiency and improve the quality of goods, works and services, ensuring efficient use of the state (municipal) property and budget funds, attraction of investments into the national economy by combining the resources and competences of public and private partners’ investment and implementation of public and social projects. The legislative initiative of parliamentarian Anatoly Kaminsky was adopted by the Supreme Council on the 29th of May 2013. The law was signed on the 19th of January 2015.

Public-Private Partnership – is a mechanism of interaction between the state and private business for planning, financing, construction and operation of facilities that require significant financial investments. As ten-year experience international practice, including Russia, demonstrates, public-private partnership allows attracting additional resources into the economy, redistributing risks between government and business, directing the efforts of entrepreneurs to address socially significant social and economic problems while reserving state powers and functions.

Formation of the list of objects for the realization of projects of public-private partnership is in the development of the Law on Public-Private Partnership. Currently there are - 75 objects. In particular: 11 projects in the healthcare system, 3 objects of education, 21 - in the energy sector, 1 - Transport and Road Management, 5 -irrigation and agricultural water supply, 1 - Sports 21 - Communications and telecommunications and 12 - in the sphere of social protection. All of them require considerable financial investments; some of them already have potential investors.

For example, one of the potential sites of cooperation between state and business in the sphere of medicine can become a Capital clinic located in October 25 STR. Repair is coming to end now, medical equipment is being delivered, team is in the process of formation.

Two training centers are planned to be established on the basis of vocational education institutions (Bendery Commerce and Technology College and Polytechnic College Rybnitsa) in the sphere of education, as well as to renovate a kindergarten in the village of Blijny Khutor Slobodzeya district. Industrial enterprises are supposed to be engaged to training centers formation. This is to ensure that potential investors could adjust a list of specialties, according to which students of these educational institutions are taught, based on their needs. It is hoped that in this way the problem of employment of graduates will be solved, and the industry will have qualified staff.

The list of facilities for the implementation of public-private partnership also includes Republican Center of Olympic preparation. It is planned to complete the reconstruction of the national stadium in Mira Street in Tiraspol. In the framework of cooperation of the Russian Ministry of Sports and Public Administration of Sport PMR there is looking for investors. The interaction promises to be mutually beneficial, since sports facilities Republican Olympic training center can be an excellent platform for the training of Russian athletes.

This form of cooperation between the state and business, as a public-private partnership could give a positive impact to the economy and social sphere. Investors partners, funding new infrastructure facilities of the republic, retain the ability to control strategic assets and will receive guarantee for return on investment from the state.