Application of public-private partnership for infrastructure development in the context of a sustainable economy: experience of Peru

The development of the infrastructure potential is not only one of the main factors in the formation of competitive advantages, increasing public welfare and quality of life, but also occupies a key place in the concept of sustainable economy. However, the issue of implementing large infrastructure projects is very difficult, especially in the context of fiscal restrictions in developing countries. In this regard, the question of using the public-private partnership mechanism to solve national strategic issues has acquired particular importance. The considered experience of Peru has proven the feasibility of using this format for implementing capital-intensive infrastructure projects.