The influence of transport infrastructure on the investment attractiveness of the region
Journal Title: Економіка. Фінанси. Право - Year 2018, Vol 6, Issue
Abstract
The concept of investment attractiveness of the region in scientific sources is considered as a derived category from the investment climate and, depending on the objectives of the study, may have different approaches to the interpretation of its essence, in terms of both efficiency as opportunities for investors, as a combination of factors, such as the ratio of profitability and risk, etc. Within the scope of this publication, the concept of investment attractiveness from the point of view of potential investors is considered. The grouping of factors according to the modern expert estimation is investigated depending on the speed of their possible dynamics, namely by classical grouping and according to the structure of the investment attractiveness index. It is determined that the infrastructure component belongs to the first group of classification and to the group of hard factors under the current rating assessment of the attractiveness of the region. Investing in the transport component of the regional infrastructure at the expense of all sectors of economic management is a priority, because it forms the level of economic development, which in turn is the basis for the investment attractiveness of the region from the point of view of investors. Within the framework of the solution of this issue, projects of large-scale renovation of the road economy of Ukraine are being worked out and implemented, and the European system of management of the industry is being implemented - with clearly defined requirements for carrying out works, defining responsibility, forming a road budget and monitoring the use of funds. Under the conditions of reform, support and improvement of the level of transport infrastructure is possible due to three sources of financing and separation of areas of responsibility.
Authors and Affiliations
Olena Mykolaivna Troinikova, Tetiana Viktorivna Mashoshyna
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