Implementation of the concession mechanism for infrastructure development |
The development of infrastructure is one of the key indicators of the entity’s economic development potential, whether the entity is corporation, industry, national or supranational economy. As the third world countries accelerate development, and as the basic infrastructure in developed countries gets older, the gap between existing and needed infrastructure will grow. Consequently, the necessity for the review of infrastructure development emerges, as well as the need to create new and renew old methods, models, approaches and techniques for the realization and financing of infrastructure projects. This paper presents the concession as a mechanism of publicprivate partnership for the management of systematic infrastructure development. Particular emphasis is put on the multidimensional role of the government and on potentials of infrastructure development to change its attributes from incremental and inert to radical and rapid.
Miloš Milosavljević, Slađana Benković |