The role of public-private partnership in the development of single-industry towns

• Alexey V. Mayushkin

  Alexey V. Mayushkin. Saint Petersburg State university of industrial technologies and design. Saint Petersburg. Russia

The article analyzes and studies the interaction of the private sector and government in the context of the renewal and diversification of the economy of single-industry towns. The dynamics of partnerships between the public and private sectors and their impact on the socio-economic transformation of single-industry towns are highlighted. The analysis proposes strategies for optimizing this cooperation, and also examines the impact of private sector investments on the sustainable development of single-industry urbanized areas. The key problems of public-private partnerships are briefly outlined and innovative solutions are proposed to improve the efficiency and complexity of the
approach to the development of single-industry towns.
Keywords: public-private partnership, single-industry towns, strategies, investments, problems, initiatives.