摘要：The article shows that a concession is a grant to meet public needs by an authorized executive body or local government body on the basis of a concession agreement on a paid and term basis to a legal or natural person (business entity) the right to create (build) and ( or) management (operation) of the concession object (term paid possession), provided that the business entity (concessionaire) undertakes obligations to create (build) and (or) manage (operate) the concession object, property liability and possible business risk; it is determined that the concession is one of the effective tools for upgrading the port infrastructure; the main organizational types of concessions are considered, the advantages of concessions in seaports are determined; international experience has been analyzed, which has shown that the involvement of private entities both in the direct implementation of economic activities and in the creation and modernization of seaport infrastructure greatly increases the profitability of the latter; based on the analysis of world experience, the factors that should be taken into account when determining the term of the concession and the amount of payments are also determined; it is established that the concession, as well as any investment project, is accompanied by a significant group of risks that may affect its profitability and efficiency. The example of the transfer of the Kherson Sea Commercial Port to the concession shows that the transfer of the port by the state to the concession will allow to fully use its potential and, ultimately, to restore port facilities that have been in decline for many years, as well as significantly improve the city's infrastructure. One of the main advantages of the concession is that the objects of the enterprises in which the concessionaire invests remain the property of the state. At the same time, concession payments to the budget come independently of the results of its commercial activities.
