The paper presents the analysis of 5 case studies of infrastructure projects, which have been executed upon concession contracts between governments and private investors and financed according to project finance rules. Projects have been evaluated in frame of risks allocation, SWOT and scoring analysis.

The results confirm the dichotomy between aims of governments and private capital activity. The governments are keen on provision of public services to community, and private sector is interested on efficient rate of return. To overcome such dichotomy the close co-operation between contract sides is needed, like as an implementation of regulation instruments like as legal, administrative, control and economic provisions. The success of private infrastructure project depends also on stable and transparent government police on infrastructure development.