Use of the concept of public-private partnerships as a financing modality, has in recent decades become an attractive method of financing, construction and maintenance of public sector infrastructure, as well as the construction of industrial facilities. The organizational structure of such a partnership represents a formal system of accountability which defines the individual positions of entities and their mutual obligations. This leads to the distribution of responsibilities related to the

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... ovision of necessary resources, the allocation of risk between the entities, and finally, the realization of the project intended for satisfying the needs of the public sector. During the structuring of the project, a special role is played by financial institutions which come forth as investors, who not only invest financial resources, but also provide legal and consulting services to the project sponsors. The aim of this paper is to indicate the state of the public-private partnership concept in the financing of infrastructure projects in Balkan countries, during the period between 1990 and 2008. At the same time, the paper intended to point out the limitations that accompany the implementation of this financing modality in the infrastructure projects of Balkan countries, as well as all of the benefits of this concept of infrastructure financing that are expected in the future.