Business, Management and Accounting
8 years ago

Serbia's Infrastructure Projects Face Major Risks in Public-Private Partnerships.

Organization Technology and Management in Construction An International Journal
Risk analysis and management on Public Private Partnership Projects (PPP) in Serbia
Simo Suđić, Goran Ćirović, Snežana Mitrović

Paper Summary

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Infrastructure projects in Serbia face challenges due to unclear regulations on Public Private Partnerships (PPP). The lack of established financing methods hinders the development of essential infrastructure. Risks in PPP projects, such as financial, legal, and technical complexities, often lead to project abandonment. To address this, a thorough analysis of potential risks and effective risk management tools are crucial for maximizing profits and ensuring successful infrastructure development in the country. The paper outlines the main risks in PPP projects and provides strategies for managing these risks in Serbia.