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Today, the dairy sub-complex of the Russian agro-industrial complex (AIC) faces the task of increasing volumes and production efficiency to ensure import substitution for milk and dairy products. A shortage of their own investment resources for the expansion or technical re-equipment of production is the problem of many milk producers. The solution can be found in attracting private investments into the industry using public-private partnership (PPP) mechanisms. The purpose of the study is to develop an organizational and economic mechanism to attract investment in the dairy sub-complex of the AIC on the basis of PPP. For this purpose, theoretical aspects of the use of the PPP mechanism in Russia and abroad, as well as experience in implementing investment projects in the second sphere of Russia’s dairy sub-complex, have been studied. The paper presents a scheme for attracting investments in agriculture (using the example of dairy cattle breeding) on the principles of PPP. The key participants in PPP are state authorities, agricultural commodity producers and private investors. The proposed scheme is aimed at reducing risks in the implementation of the project that can give it additional attractiveness. The calculation, executed on the basis of analysis of actual data of agricultural organizations in the Ulyanovsk region, shows a sufficient level of efficiency of investment in the dairy production.

Activation of investment attraction in the dairy sub-complex of the agro-industrial complex on the basis of public-private partnership