TITLE: PUBLIC-PRIVATE PARTNERSHIP AS A MECHANISM FOR SUSTAINABLE DEVELOPMENT OF THE TOURISM SECTOR IN UZBEKISTAN
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https://doi.org/10.5281/zenodo.19157345##article.subject##:
Public-Private Partnership; Tourism Development; Institutional Framework; Tourism Infrastructure; Uzbekistan##article.abstract##
Tourism is one of the fastest-growing sectors of the global economy and plays an important role in the economic
diversification of developing countries (WTTC, 2024). In its national development agenda, Uzbekistan has identified
tourism as a strategic sector for sustainable economic growth (President of the Republic of Uzbekistan, 2023). However,
the expansion of tourism infrastructure requires significant financial resources that may exceed the capacity of public
funding alone.
Public-Private Partnerships (PPPs) represent an effective governance and financing mechanism that enables cooperation
between governments and private investors in the development of tourism infrastructure and services (Djabbari et al.,
2021). Understanding the institutional structure and operational mechanisms of PPP models is therefore essential for
improving tourism investment and infrastructure development.
This study examines the potential role of PPPs in supporting the sustainable development of Uzbekistan’s tourism sector.
The research applies qualitative analytical methods based on document analysis, institutional analysis, and comparative
studies. The theoretical framework of the study is grounded in stakeholder theory, resource-based theory, and institutional
theory, which help explain how governance structures and stakeholder cooperation influence PPP implementation in
tourism development.
The findings indicate that Uzbekistan has established a substantial institutional and legislative framework for PPP
implementation. At the same time, opportunities remain for expanding PPP initiatives in tourism compared with sectors
such as energy and utilities. Key challenges affecting PPP expansion in tourism include financial risks, regulatory
complexity, and institutional coordination issues. Based on the results, the study proposes policy recommendations aimed
at improving regulatory frameworks, strengthening institutional cooperation, and encouraging greater private-sector
participation in tourism development.
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