On The Question of Public-Private Partnership in the Field of Protecting Cultural Heritage of St. Petersburg

The future of the cultural heritage of St. Petersburg depends on the availability of material and organizational resources aimed at the preservation of architectural monuments. The lack of them can lead to irreparable losses. An effective solution of this problem is to attract private investment with the support of the state.

The article analyzes the culture sphere state financing in terms of preserving and restoring the objects of cultural heritage. The necessity of developing the system of financial and organizational support of the field concerned on the platform of the mechanism of public-private partnership is substantiated. The basic principles are formulated, on the basis of which private investors can be involved in the preservation of cultural heritage. Going from the analysis of legislation and state programs there have been formulated the problems which are to be solved in the process of developing the mechanisms of public-private partnership. A number of conceptual measures is proposed to solve the above problems.

It was inferred that the development of public-private partnerships requires stable public policy aimed at encouraging private initiative, at applying the appropriate measures to support private investors. It is summarized that only effective interaction between the state and a private partner during the implementation of programs which are aimed at preserving cultural heritage sites, will be able to preserve the historical image of St. Petersburg and improve the quality of life of the city’s population.

investments, federal city, monuments of culture, political actor, private partner, cooperation, regional development, sustainable development, legislation, policy’s priorities

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