THE LEGAL MECHANISM OF PUBLIC-PRIVATE PARTNERSHIP IN UKRAINE

The article presents the concept of public private partnership, defined features and components of successful implementation of public private partnership, describes the history of the Law of Ukraine on Public Private Partnerships, as well as challenges, deficiencies relating to law and prevent the development of public-private partnership in Ukraine. Also it includes formulated certain policies that could help improve Ukrainian legal and regulatory framework and balance the relations of PPP members. Currently Ukraine has created certain legal principles of public-private partnership (PPP). However, imperfect legal environment, and lack of confidence in the authorities inhibit activation of PPP projects. We hope that the adoption of the Law of Ukraine on PPP will promote the development of different forms of PPP, which in turn will have a positive socio-economic and other consequences in the form of job creation, income growth budgets of different levels, achieving different public benefit purposes in specific PPP implementation cases (infrastructure, improve the quality of life through better and provide various services to the population, etc.)