Identifying Risks in the Implementation of Concession Projects in the Sea Ports of Ukraine

Karpenko Oksana O., Vlasova Valentyna P.
2018 Bìznes Inform  
At the present stage of development of sea ports, close cooperation of the State and private business is the key to successful implementation of investment projects. In order to increase the competitive advantages of the port sphere of Ukraine today it is necessary to make drastic changes in the activity of seaports of Ukraine with the aim of increasing the attractiveness of the port sphere for both the foreign and the national investors and enhancing the efficiency of use of the public-private
more » ... partnership mechanism. Dynamics of processing of cargoes by the sea trade ports of Ukraine for 2005–2017 were analyzed. The basic approaches to classification of concession risks have been researched, and stages of implementation of the concession project in seaports taking into account risks have been offered. The technical-economic characteristics, key advantages have been provided, also the main risks in the implementation of the pilot concession projects in the sea ports of Ukraine have been allocated. It has been determined that risk management in the implementation of public-private partnership projects should be aimed at identifying, preventing, deterring and reducing risks, and should continue throughout the entire implementation period. It is advisable to ensure that partners have adequate conditions to meet their obligations.
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