STUDY OF ECONOMIC FACTORS OF INVESTMENT ACTIVITY OF ORGANIZATIONS IN REGIONAL INFRASTRUCTURE PROJECTS

The presented scientific research examines the factors that determine the features of the process of forming the investment activity of the organization and reflect such features as the external economic situation; access to external markets; investment risks; inflationary policy in the country; fluctuations in prices in the world energy market; the number of qualified employees in the organization; mechanism for obtaining loans for the implementation of investment activities; regulations and legal framework governing investment processes; the amount of the organization’s own financial resources; parameters of exchange rate policy in the country; profitability of investments in fixed assets; the percentage of a commercial loan; the state of the technical base of the organization; demand for the organization’s products; stability of the economic situation in the country and the existing tax regime for investment activities. It is noted that the investment activity of organizations determines the possibilities of implementing projects for the development of communal infrastructure, the capital intensity and complexity of which limit the possibility of financing them for the budgets. The purpose of this work is to study the economic factors of investment activity of organizations in infrastructure projects and identify aspects that make it possible to increase the efficiency of their management and implementation. The paper evaluates the impact of each dependent variable on the investment activity of organizations. It is noted that with an increase in gross domestic product by 1 %, the investment activity of organizations decreases by an average of 0.98 %. With an increase in the gross regional product by 1 %, the investment activity of organizations increases by an average of 0.63 %. With an increase in expenditures of the consolidated budget by 1 %, the investment activity of organizations increases by an average of 0.10 %. With an increase in investments in fixed assets by 1 %, the investment activity of organizations increases by an average of 0.88 %. The conducted research shows that the considered problem is closely related to the issues of sustainable and investment economic development. Based on the analysis, it can be concluded that the investment activity of organizations is associated with each of the selected factors.

public-private partnership, concession, project financing, investment activity of organizations, correlation analysis, economic factors, sustainable economic development, investments in fixed assets, gross regional product, gross domestic product, regression

Globa S. B., Vasilev E. P., Butakova N. M., Berezovaya V. V. Study of economic factors of investment activity of organizations in regional infrastructure projects. Business. Education. Law, 2021, no. 4, pp. 178—186. DOI: 10.25683/VOLBI.2021.57.479.