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PPP projects completed in 2007-12 worth EUR 149 mln

Autor: half
ZAGREB, Feb 12 (Hina) - The Public-Private Partnership (PPP) projects completed in the 2007-12 period and entered into the PPP Agency Register totalled EUR 149 million, Agency manager Damir Juricic said at a round table on PPP on Tuesday.

The biggest of the 13 projects in question is the Spaladium arena in Split, worth EUR 67.2 million, but the private partner failed to secure the total financing, Juricic said.

According to Juricic, even if the PPP contract were cancelled, the construction of this facility would still be cheaper for the state by 19% than the classic model.

The second biggest project is the city sports centre in Varazdin, worth EUR 23.6 million, and the third biggest is the central bus station in Osijek worth EUR 16 million.

The government pays HRK 60 million annually for all 13 projects, which is not part of the public debt but is counted as a current expense on which the government saves HRK 4.5 million a year, said Juricic.

He said PPP was especially good for large infrastructure projects, notably bridge-building and the energy sector, especially power supply.

Juricic said many projects in Croatia had the characteristics of PPP but were not because they had not undergone the required legal procedure.

The round table was organised as part of an IPA 2008 project on the strengthening of PPP in Croatia in which the partner was Lithuania's Central Project Management Agency.

Dalia Budriene from this Agency said Lithuania's experience with a form of PPP began in 1887 with horsecar construction. After joining the EU, Lithuania built a system that has resulted in the construction of a series of buildings such as the Snow Arena, the Zaligiris Arena and many schools.

(Hina) ha

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