Much depends on the regional authorities. Among other things, they create such prerequisites as regional and local tax benefits, additional support incentives, and business subsidies. Public-private partnership brings about good practices, when the economy is updated, business brings new interesting technological solutions, uses new materials, and after a certain period of time we see that the system of public utilities is fundamentally changing — Vladimir Yakushev, Minister of Construction, Housing, and Utilities of the Russian Federation.
The concession mechanism shows its efficiency on the territory with good tariff base and investment potential. Yet, it is not applicable to a large number of cities and rural settlements in the Far East. Today, according to the committee, concessions in the Far East require additional motivation and a compensation mechanism. For example, it is possible to create a VAT exemption for resource supply companies in the Far East, which operate on the basis of concession agreements and apply a simplified taxation system — Nikolay Kharitonov, Chairman of the Committee for Regional Policy and Issues of the North and Far East, State Duma of the Federal Assembly of the Russian Federation.
In a small town of Svobodny, together with our partners and with the support of the Ministry headed by Vladimir Vladimirovich [Yakushev, – Ed.], we worked out a system that actually allows us to implement the concession. I am talking about the public-private cooperation, where the funds of the investor go directly into this concession to replace all water supply and drainage pipes. In Svobodnoye, 65% come from us, and by 35% are, respectively, from the public funds. <...> Our holding, a local investor and the local authorities are currently using the concession to build such an opportunity, which will allow 80% of worn-out networks in parts of the districts of Svobodnoye to be replaced by polymer solutions and ensure the economic life of all these networks for another 25–30 years after the end of the concession — Mikhail Karisalov, Chairman of the Management Board, Chief Executive Officer, SIBUR .
The private sector has a strong influence on technology, on computerization and on the processing of the entire knowledge base. This is how it participates in the market — Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment United Arab Emirates.
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