Analysis of the implementation of concession agreements in Russia

The article is devoted to the analysis of the implementation of concession agreements in Russia, since 2005, when the law on concession agreements was adopted, to the present day. In the context of the active development of public-private partnership (PPP) and the corresponding legislative framework, the article examines the key stages of legal registration of concession projects and their impact on various sectors of the economy. The relevance of the topic is due to the growing interest in concessions as a tool for attracting private investment in infrastructure projects and the modernization of social facilities. The purpose of the study is to assess the effectiveness of concession agreements, their role in the modernization and development of critically important industries, such as housing and communal services, energy, transport and healthcare. The research methodology includes an analysis of legislation, a review of large concession projects, as well as statistical data on the implementation of concessions. The results of the study show that in Russia, concession agreements have proven to be an important mechanism for attracting private investment, especially in the field of public infrastructure and housing and communal services. It was also revealed that despite successful examples, there are problems with the quality of property valuation and legal risks. The conclusions emphasize the need for further improvement of the concession mechanism, in particular, in terms of improving the legal framework and conditions for project participants.