Socio-Economic Benefits of Using Public-Private Partnership for the Implementation of Social Projects

Article DOI: https://doi.org/10.57017/jaes.v20.3(89).13

Author(s):

Yuliia PEREGUDA Department of Tourism Organization, PJSC “Interregional Academy of Personnel Management”, Ukraine & Department of Global Economy, National University of Bioresources and Nature Management, Ukraine
Iaroslav PETRUNENKO V. Mamutov Institute of Economic and Legal Research of the National Academy of Sciences of Ukraine, Ukraine
Mykola SERBOV Department of Public Administration and Environmental Management, Odessa State Environmental University, Ukraine
Mykhailo BARSKYI State University “Kyiv Aviation Institute”, Ukraine
Tetiana SALNYKOVA Department of Finance, Banking and Insurance, Faculty of Finance, University of Customs and Finance, Dnipro, Ukraine

Abstract:

The study evaluated the effectiveness of public-private partnerships (PPPs) in Ukraine’s social infrastructure, comparing them with fully public projects in terms of cost-efficiency, implementation speed, employment, and user satisfaction. A mixed-methods design was applied, analysing four PPP cases: Biopharma Blood Center, Zhytomyr Hospital, Rinat Akhmetov Emergency Ambulance Initiative, and EdCamp Digital Education Program. Quantitative analysis using SPSS 28.0 included paired t-tests, multivariate and logistic regressions, and Social Return on Investment (SROI). Qualitative insights were drawn from 15 stakeholder interviews coded in NVivo 12.

The PPPs reduced costs per beneficiary by 24% to 27%, shortened implementation time by five to six months, and improved user satisfaction by more than 35 percent. Access to services in underserved areas expanded by 25% to 30 %, while job creation exceeded that of public projects by 40% to 50%. Regression models confirmed statistical significance (p < 0.05), and robustness was validated through non-parametric testing. Qualitative findings identified five key success factors: strategic alignment, strong governance structures, agile implementation, technological innovation, and regulatory coordination. Internal managerial practices such as KPI dashboards, cross-functional teams, and performance-based decision systems significantly contributed to positive PPP outcomes. The study emphasized that these internal mechanisms, often neglected in policy-oriented analyses, played a critical role in transitional and post-conflict contexts. It recommended standardizing SPVs, implementing digital monitoring tools, reforming licensing protocols, and establishing centralized PPP data systems to enhance scalability and institutional success.

Copyright© 2025 The Author(s). This article is distributed under the terms of the license CC-BY 4.0., which permits any further distribution in any medium, provided the original work is properly cited.

Article’s history: Received 5th of August, 2025; Revised 9th of September, 2025; Accepted 23rd of September, 2025; Available online: 30th of September, 2025. Published as article in Volume XX, Fall, Issue 3(89), 2025.

How to cite:

Pereguda, Y., Petrunenko, I., Serbov, M., Salnykova, T., & Barskyi, M. (2025). Socio-Economic Benefits of Using Public-Private Partnership for the Implementation of Social Projects. Journal of Applied Economic Sciences, Volume XX, Fall, 3(89), 573 - 598. https://doi.org/10.57017/jaes.v20.3(89).13

Acknowledgments/Funding: The authors did not receive financing for the development of this research.

Conflict of Interest Statement: The author declares that the research was conducted in the absence of any commercial or financial relationships that could be construed as a potential conflict of interest.

Data Availability Statement: The data that support the findings of this study are available from the corresponding author upon reasonable request.

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