Dmitry Krupyshev and Yury Tuktarov participated in the working meeting of the Sub-Committee on Public Private Partnership at the Investment Policy Committee of the Russian Chamber of Industry and Commerce which was organized jointly with the Working Group of the Russian Agency on Strategic Investments. The working meeting was held to discuss the development of social entrepreneurial initiative called «Russia – the Territory of Health» through PPP in health infrastructure redevelopment.
The participants of the working meeting discussed the potential and possibilities of the PPP mechanisms use in the sphere of public health and elaborated a set of recommendations for the improvement of legal regulations related to the PPP projects in the sphere of public health, in line with the tasks assigned by Vladimir Putin on March 16, 2012 at the meeting of the collegium at the Ministry of public health and social development of Russia.
Yury Tuktarov comments: «We have practical experience in PPP consulting on the projects in public health with the use of different legal models, including DBFM and ‘key turn projects’ with different payment schemes. In the projects which we supported our clients used different source of financing, which made every project very specific. In particular, in some projects we recommended trade finance schemes secured by international export credit agencies, and in others we recommended the project financing with the use of the moneys from pension funds through a bond issue. We notice that the Russian public health sphere is of great importance, as it is fast developing, and it makes our PPP practice also grow faster in order to better service our clients. It was decided at the working meeting that a special report should be prepared in which all major obstacles for the PPP development in public infrastructure, which will be quite an important step for the legislation improvements in the future».