diff --git a/jps/model-api/src/org/jetbrains/jps/model/ex/JpsReferenceCustomFactory.java b/jps/model-api/src/org/jetbrains/jps/model/ex/JpsReferenceCustomFactory.java
new file mode 100644
index 000000000000..92cb3d0c9ad7
--- /dev/null
+++ b/jps/model-api/src/org/jetbrains/jps/model/ex/JpsReferenceCustomFactory.java
@@ -0,0 +1,23 @@
+// Copyright 2000-2024 JetBrains s.r.o. and contributors. Use of this source code is governed by the Apache 2.0 license.
+package org.jetbrains.jps.model.ex;
+
+import org.jetbrains.annotations.ApiStatus;
+import org.jetbrains.annotations.NotNull;
+import org.jetbrains.jps.model.JpsCompositeElement;
+import org.jetbrains.jps.model.JpsElementReference;
+import org.jetbrains.jps.model.library.JpsLibraryReference;
+import org.jetbrains.jps.model.module.JpsModuleReference;
+
+/**
+ * This is an internal API used to create custom implementation of {@link org.jetbrains.jps.model.JpsElementReference} if the implementation
+ * of JPS Model based on the workspace model is used.
+ */
+@ApiStatus.Internal
+public interface JpsReferenceCustomFactory {
+  boolean isEnabled();
+
+  @NotNull JpsModuleReference createModuleReference(@NotNull String moduleName);
+
+  @NotNull JpsLibraryReference createLibraryReference(@NotNull String libraryName,
+                                                      @NotNull JpsElementReference<? extends JpsCompositeElement> parentReference);
+}
diff --git a/jps/model-impl/src/org/jetbrains/jps/model/impl/JpsElementFactoryImpl.java b/jps/model-impl/src/org/jetbrains/jps/model/impl/JpsElementFactoryImpl.java
index 197bf8a9d939..c53698967707 100644
--- a/jps/model-impl/src/org/jetbrains/jps/model/impl/JpsElementFactoryImpl.java
+++ b/jps/model-impl/src/org/jetbrains/jps/model/impl/JpsElementFactoryImpl.java
@@ -19,6 +19,7 @@ import org.jetbrains.annotations.ApiStatus;
 import org.jetbrains.annotations.NotNull;
 import org.jetbrains.annotations.Nullable;
 import org.jetbrains.jps.model.*;
+import org.jetbrains.jps.model.ex.JpsReferenceCustomFactory;
 import org.jetbrains.jps.model.library.JpsLibraryReference;
 import org.jetbrains.jps.model.library.JpsLibraryType;
 import org.jetbrains.jps.model.library.JpsTypedLibrary;
@@ -33,9 +34,12 @@ import org.jetbrains.jps.model.module.*;
 import org.jetbrains.jps.model.module.impl.JpsModuleImpl;
 import org.jetbrains.jps.model.module.impl.JpsModuleReferenceImpl;
 import org.jetbrains.jps.model.module.impl.JpsModuleSourceRootImpl;
+import org.jetbrains.jps.service.JpsServiceManager;
 
 @ApiStatus.Internal
 public final class JpsElementFactoryImpl extends JpsElementFactory {
+  private volatile Boolean hasCustomReferenceFactory;
+  
   @Override
   public JpsModel createModel() {
     return new JpsModelImpl();
@@ -72,6 +76,13 @@ public final class JpsElementFactoryImpl extends JpsElementFactory {
   @NotNull
   @Override
   public JpsModuleReference createModuleReference(@NotNull String moduleName) {
+    if (hasCustomReferenceFactory()) {
+      for (JpsReferenceCustomFactory extension : JpsServiceManager.getInstance().getExtensions(JpsReferenceCustomFactory.class)) {
+        if (extension.isEnabled()) {
+          return extension.createModuleReference(moduleName);
+        }
+      }
+    }
     return new JpsModuleReferenceImpl(moduleName);
   }
 
@@ -79,6 +90,13 @@ public final class JpsElementFactoryImpl extends JpsElementFactory {
   @Override
   public JpsLibraryReference createLibraryReference(@NotNull String libraryName,
                                                     @NotNull JpsElementReference<? extends JpsCompositeElement> parentReference) {
+    if (hasCustomReferenceFactory()) {
+      for (JpsReferenceCustomFactory extension : JpsServiceManager.getInstance().getExtensions(JpsReferenceCustomFactory.class)) {
+        if (extension.isEnabled()) {
+          return extension.createLibraryReference(libraryName, parentReference);
+        }
+      }
+    }
     return new JpsLibraryReferenceImpl(libraryName, parentReference);
   }
 
@@ -88,6 +106,20 @@ public final class JpsElementFactoryImpl extends JpsElementFactory {
     return new JpsSdkReferenceImpl<>(sdkName, sdkType, createGlobalReference());
   }
 
+  private boolean hasCustomReferenceFactory() {
+    if (hasCustomReferenceFactory == null) {
+      boolean hasEnabledFactory = false;
+      for (JpsReferenceCustomFactory extension : JpsServiceManager.getInstance().getExtensions(JpsReferenceCustomFactory.class)) {
+        if (extension.isEnabled()) {
+          hasEnabledFactory = true;
+          break;
+        }
+      }
+      hasCustomReferenceFactory = hasEnabledFactory;
+    }
+    return hasCustomReferenceFactory;
+  }
+  
   @NotNull
   @Override
   public JpsElementReference<JpsProject> createProjectReference() {
diff --git a/platform/workspace/jps/resources/META-INF/services/org.jetbrains.jps.model.ex.JpsReferenceCustomFactory b/platform/workspace/jps/resources/META-INF/services/org.jetbrains.jps.model.ex.JpsReferenceCustomFactory
new file mode 100644
index 000000000000..34cd4d479dc9
--- /dev/null
+++ b/platform/workspace/jps/resources/META-INF/services/org.jetbrains.jps.model.ex.JpsReferenceCustomFactory
@@ -0,0 +1,2 @@
+# Copyright 2000-2024 JetBrains s.r.o. and contributors. Use of this source code is governed by the Apache 2.0 license.
+com.intellij.platform.workspace.jps.bridge.impl.JpsReferenceCustomFactoryImpl
\ No newline at end of file
diff --git a/platform/workspace/jps/src/com/intellij/platform/workspace/jps/bridge/impl/JpsReferenceCustomFactoryImpl.kt b/platform/workspace/jps/src/com/intellij/platform/workspace/jps/bridge/impl/JpsReferenceCustomFactoryImpl.kt
new file mode 100644
index 000000000000..3c62c2c02d50
--- /dev/null
+++ b/platform/workspace/jps/src/com/intellij/platform/workspace/jps/bridge/impl/JpsReferenceCustomFactoryImpl.kt
@@ -0,0 +1,35 @@
+// Copyright 2000-2024 JetBrains s.r.o. and contributors. Use of this source code is governed by the Apache 2.0 license.
+package com.intellij.platform.workspace.jps.bridge.impl
+
+import com.intellij.platform.workspace.jps.bridge.impl.library.JpsLibraryCollectionsCache
+import com.intellij.platform.workspace.jps.bridge.impl.library.JpsLibraryReferenceBridge
+import com.intellij.platform.workspace.jps.bridge.impl.module.JpsModuleReferenceBridge
+import com.intellij.platform.workspace.jps.entities.LibraryId
+import com.intellij.platform.workspace.jps.entities.LibraryTableId
+import com.intellij.platform.workspace.jps.entities.ModuleId
+import org.jetbrains.jps.model.JpsCompositeElement
+import org.jetbrains.jps.model.JpsElementReference
+import org.jetbrains.jps.model.ex.JpsReferenceCustomFactory
+import org.jetbrains.jps.model.impl.JpsGlobalElementReference
+import org.jetbrains.jps.model.impl.JpsProjectElementReference
+import org.jetbrains.jps.model.library.JpsLibraryReference
+import org.jetbrains.jps.model.module.JpsModuleReference
+import org.jetbrains.jps.model.serialization.impl.JpsSerializationViaWorkspaceModel
+
+internal class JpsReferenceCustomFactoryImpl : JpsReferenceCustomFactory {
+  override fun isEnabled(): Boolean = JpsSerializationViaWorkspaceModel.IS_ENABLED
+
+  override fun createModuleReference(moduleName: String): JpsModuleReference {
+    return JpsModuleReferenceBridge(moduleName)
+  }
+
+  override fun createLibraryReference(libraryName: String, parentReference: JpsElementReference<out JpsCompositeElement>): JpsLibraryReference {
+    val tableId = when (parentReference) {
+      is JpsGlobalElementReference -> JpsLibraryCollectionsCache.GLOBAL_LIBRARY_TABLE_ID
+      is JpsProjectElementReference -> LibraryTableId.ProjectLibraryTableId
+      is JpsModuleReference -> LibraryTableId.ModuleLibraryTableId(ModuleId(parentReference.moduleName))
+      else -> throw UnsupportedOperationException("Reference to library in $parentReference is not supported") //todo support custom library tables
+    }
+    return JpsLibraryReferenceBridge(LibraryId(libraryName, tableId))
+  }
+}