Infrastructure investment projects: financing and management mechanisms

Abstract

Purpose

This paper analyses the modern market for project finance, its sectorial structure and main development trends. This study aims to form a constructive diagnostic toolkit for investment support of infrastructure design in regions, taking into account spatial asymmetry in the context of an integrated management approach.

Design/methodology/approach

When analyzing the public–private partnership (PPP) project performance, it is reasonable to distinguish the following two levels of discount rates: state and private. To achieve a high level of development of the general infrastructure of a region, a conceptual approach to the formation of investment support for the development of regional infrastructure has been developed.

Findings

The scientific contribution of this study is to improve the approach to modeling investment support for regional infrastructure design in the context of spatial asymmetry. Implementation of infrastructure projects creates prerequisites for sustainable economic growth, improvement in business and investment and social attractiveness of the national economy and its regions.

Practical implications

The practical significance of this study is that its main provisions allow for an effective regional socio-economic policy, based on the systemic development of regional infrastructure and aim at boosting competitiveness.

Originality/value

Recommendations can be used by regional and local authorities to formulate a socio-economic strategy for regional development as well as by representatives of private business who intend to engage in regional PPP projects.

Citation

Yurieva, T., Voropaeva, L., Beliakova, M. and Adamchuk, N. (2022), "Infrastructure investment projects: financing and management mechanisms", Journal of Modelling in Management, Vol. 17 No. 4, pp. 1623-1638. https://doi.org/10.1108/JM2-12-2020-0323