MATEC Web Conf.
Volume 212, 20182018 International Scientific Conference “Investment, Construction, Real Estate: New Technologies and Special-Purpose Development Priorities” (ICRE 2018)
|Number of page(s)||6|
|Section||Transformation of the Real Estate Market: Economic, Legal, and Management Aspects|
|Published online||15 October 2018|
Mechanisms for accelerating the process of the infrastructure renewal
Moscow State University of Civil Engineering, 129337, Yaroslavskoye shosse, 26, Moscow, Russia
2 Russian Presidential Academy of National Economy and Public Administration, 119571, Vernadsky avenue, 84, Moscow, Russia
Critical deterioration of infrastructure increasingly becomes an obstacle for the development of modern Russia. Large projects in virtually all sectors of the national economy cannot be implemented without accelerating the resource turnover and reducing the delivery time of finished products to the consumer. Meanwhile, infrastructure projects are not only capital-intensive, but also pay back slowly due to objective economic and natural-climatic reasons. In addition, the current stage of the country development is characterized by the inability to achieve growth in budget expenditures for these purposes, which requires the creation of special mechanisms for investing in infrastructure projects. The practice has developed a number of approaches to solving infrastructure issues, such as the public-private partnership in the terms of concession, syndicated lending, etc. Meanwhile, the investment activity of these mechanisms is insufficient for the scale of implementation of demanded projects. The infrastructure mortgage mechanism proposed by the Ministry of Economic Development of the Russian Federation may be a solution of this problem. Debatable character of the model of implementation of infrastructure projects using mortgage instruments, the analysis of approaches and points of view of the problem and the ways of its solution allowed the authors suggesting the key measures that make it possible to give the infrastructure mortgage mechanisms a justified character in the operational mode of time.
© The Authors, published by EDP Sciences, 2018
This is an open access article distributed under the terms of the Creative Commons Attribution License 4.0 (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Current usage metrics show cumulative count of Article Views (full-text article views including HTML views, PDF and ePub downloads, according to the available data) and Abstracts Views on Vision4Press platform.
Data correspond to usage on the plateform after 2015. The current usage metrics is available 48-96 hours after online publication and is updated daily on week days.
Initial download of the metrics may take a while.