Consequences of invalidity of a cincession agreement for implementation of infrastructure projects

Developing infrastructure through private financing via concession agreements is closely associated with various risks, including the possibility of such agreements being declared invalid. The paper provides a detailed analysis of the consequences of this outcome for project implementation and proposes solutions of mitigate potential risks. The study is based on an examination of judicial practice, regulatory legal acts, and an analysis of relevant research in this field. The results demonstrate that the invalidation of a concession agreement leads to significant losses, delays on project timelines, and legal uncertainty.