Year:2022   Volume: 4   Issue: 4   Area: Media and Communication

  1. Home
  2. Article List
  3. ID: 550

Karzan Sadradeen Ahmad RASHID

MODERN WAYS OF MANAGING PUBLIC UTILITIES

Experience has proven the limited ability of governments to implement all public projects that meet the growing needs of their societies. The belief in the countries has been established that it is difficult for the public sector to attract all the competencies needed to establish and develop the public utility and infrastructure projects sector on the one hand, On the other hand, providing the necessary funds to finance public investments to implement these projects, which prompted governments to resort to exploiting the technical and financing capabilities of the private sector by creating frameworks for joint cooperation between the public and private sectors The practical reality has proven that the private sector, with its specialized elements of expertise, has become more efficient than the public sector in creating public assets, as well as maintaining and managing them, and with the limited ability of the public sector and state budgets to pump More public investments in infrastructure projects Some countries have begun to reconsider the cooperation frameworks that may combine the public and private sectors. B.O.T contracts are considered the most expensive and most common and widespread image between contracts, and it is a modern and developed image. Contracts with the administration build and operate the facility for a certain period and then returned to the state at the end of the contract with the administration build and operate the facility for a certain period and then returned to the state at the end of the contract.

Keywords: Public Utilities, Modern Roads, The State, The Public Sector, The Private Sector

http://dx.doi.org/10.47832/2717-8293.18.16


106