Effective risk management in public-private partnership projects

in today's rapidly changing economic environment, effective risk management in public-private partnership projects is becoming one of the key tasks to ensure the sustainability and success of investments, especially in such strategically important industries as the road industry. The relevance of the study is due to the increasing interest in PPP as a mechanism that allows attracting private investment to solve public problems, which creates the need for a deeper understanding of risk management mechanisms. The aim is to identify and analyze the main risks associated with PPP projects in the road industry, as well as to develop recommendations for their effective management. The main objectives of the study are to identify the types of risks characteristic of PPP projects, to assess their impact on project performance and economic efficiency, as well as to study existing methods of minimizing risks. The results of the study can be useful both for government agencies responsible for the implementation of PPP projects, and for private companies seeking to effectively invest in the road industry. The proposed recommendations contribute to reducing the level of risks and increasing the overall success of projects, which further contributes to the development of the country's transport infrastructure and improving the quality of life of citizens.

public-private partnership, effective risk management, private investments, transport infrastructure