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Vol 240
Pages:
724
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Integrated mining projects in underdeveloped territories of Russia: substantiation of implementation parameters

Authors:
T. V. Ponomarenko1
E. A. Khan-Tsai2
Ch. Bavuu3
About authors
  • 1 — Saint-Petersburg Mining University
  • 2 — Saint-Petersburg Mining University
  • 3 — Erdenet Company
Date submitted:
2019-07-24
Date accepted:
2019-09-13
Date published:
2019-12-25

Abstract

Complex mining projects, as a rule, have significant economic and social impact on the territory, sometimes entire regions where they are implemented. Consumers of their implementation effects are population, government, buyers, lenders and other stakeholders. Therefore, development of transport infrastructure in integrated projects for development of mineral deposits should have state support, forms of which are very diverse. In Russia parameters of concession agreements for construction of transport infrastructure, carried out in conjunction with projects for development of mineral deposits, are not regulated or justified. Aim of the work is to develop an organizational model and justify parameters of concession agreement for construction of the railway as a key element of transport infrastructure necessary for successful implementation of the project for development of a large coal deposit in a low-developed region. Research methods are: strategic, institutional, investment analysis, modeling and forecasting methods. The article proposes an approach to justification of technical, economic and financial parameters of concession agreement implemented during realization of an integrated mining project. As a result of the study, a concession agreement model was developed for construction of railway section as part of an integrated mining project, including development of a deposit and construction of a mining and concentrating company.

10.31897/pmi.2019.6.724
Go to volume 240

References

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  2. Varnavskii V.G. Concessions in transport infrastructure: theory, practice, prospects. Moscow: IMEMO RAN, 2002, p. 146 (in Russian).
  3. The World Bank. URL: https://ppp.worldbank.org/public-private-partnership/sector/transportation (data obrashcheniya 1.12.2019).
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  9. Sokolov M.Yu., Maslova S.V. PPP agreements: concept and content in theory and practice. Vestnik Sankt-Peterburgskogo universiteta. Seriya Pravo. 2014. Iss. 4, p. 126-144 (in Russian).
  10. Freidina I.A. International experience in financing infrastructure projects. Ekonomicheskaya politika. 2017. Vol. 12. N 4, p. 196-203 (in Russian).
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  12. Hoppe E.I., Kusterer D.J., Schmitz P.W. Public-private partnerships versus traditional procurement: An experimental investigation. Journal of Economic Behavior & Organization. 2013. N 89, p. 145-166.
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  14. Maslova S.V. The New Russian Law on PPP: Breakthrough or Throwback? European Procurement & Public Private Partnership Law Review. 2015. Vol. 10. Iss. 4, p. 298-309.
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