The application of the private and public sector partnership principles (PPP) in financing of transport infrastructure is supported in long-term (until 2025) Lithuanian Transport System development strategy. EU strategic transport policy documents of transport sector is considering these principles as one of the key measurement with a particular emphasis in the implementation of the Trans-European Transport Network (TEN-T) projects. It recognized that the private funds could speed up the Trans-European transport network implementation, which is now significantly overdue.
The main goal of the study is to prepare a range of public and private partnership principles review, to assess the implementation of this principle in the long term (until 2025) and to fulfil the Lithuanian transport system development strategy for projects emphasizing Lithuanian Trans-European network development.
A range of public and private partnership principle forms were summarised as well as the possibilities for application and implementation of this principle in the long term in Lithuanian transport system.
Lithuanian transport sector plays an important mission - ensure sustainable public mobility and communication, effective business relationships, dynamic economic development, increase Lithuania's competitiveness in international markets. In the transport sector created gross added value (GVA) each year and accounts for about 10%.
In recent years, Lithuania, as well as Cyprus, Malta, Poland, Latvia and Estonia mainly GDP creates trade and transport sectors. Conditioned on a favourable geographical situation, Lithuania pretty good used the vehicle fleet as a tool to increase the competitiveness of the country. For the further dynamic growth of this sector it is needed a rapid modernization of transport infrastructure and introduction of technological innovations. Further for rapid and dynamic growth of the transport sector it is thus necessary to attract more private funds for the development of transport infrastructure.