Application of the Mechanism of Public–private Partnership by Industrial Parks in the Context of the Sustainable Development Paradigm

Abstract

In the article, the authors analyze the relevance of the application of the mechanism of public–private partnership. In most Russian regions, the level of development of private industrial parks is not realized without state support, so it is advisable to use public–private partnership (PPP). Purpose: The authors of the article point out that the industrial park is a professionally managed site for the location of production, which allows you to reduce the risks of non-core activities, reduce the time for launching enterprises, and benefit from cooperation. Methodology: It is possible to receive state support measures using the following mechanisms: for management companies—№ 831, № 1325, for residents—№ 1119, № 316, 1704. The authors determine that by 2021, about 25% of all management companies have used federal subsidies. Findings: It is necessary to apply a new measure to support private industrial parks by compensating up to 50% of the costs of creating or upgrading infrastructure, the amount of support will be 15 million rubles per 1 ha. Originality: According to 2021 statistics, the number of private industrial parks (IP) is twice that of public ones (229 out of 334). Private industrial parks form a financial model based on market payback within a few years. State institutions plan long-term projects and take into account the socio-economic effect. There is a need for industrial parks to use public–private partnerships in the context of the sustainable development paradigm. The mechanism assumes that the initial investment will attract more investment capital into production facilities.