Real Estate
The relationship between business and the...
targeted programs, and organized state corporations. But business, which the government expected to co-finance these efforts within public-private partnerships, is not eager to contribute, even though the joint modernization of infrastructure would save money.There are several reasons for this lack of interest. First, inadequate legislation that does not contain special clauses regulating relations within public-private partnerships (PPP). In fact, there is no formal definition of the term PPP, no concept for its development, and no list of industries where such partnerships could be used.
Also, Russia"s legislation lags behind reality. For example, the 2007 law on the protection of electronic databases was to come into force on January 1, 2010. However, the action has been postponed because state agencies are not ready to monitor the process, Alexander Krupnov, president of the Infocommunication Services Market Participants Union (Infocommunication Union),
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