Implementation of Investment Projects in Industry as a Factor of Ensuring the Economic and Spatial Development of Russian Regions
- DOI
- 10.2991/aebmr.k.220208.072How to use a DOI?
- Keywords
- industry; investment projects; economic and spatial development; regional economy
- Abstract
The national security of Russia depends on achieving the breakthrough in socio-economic development ensured by the use of innovations and revealing the spatial potential of the country. The economic growth of regions and countries is currently ensured with the inflow of investments into large infrastructure projects, as well as into projects that provide for the development of industry. Industry remains the basis for the development of the economic system and for the increase in the resource provision of the countries of the world economy. In addition, it is impossible to ignore the current changes in the economy and the society. Thus, the development of the digital economy, Industry 4.0, the Internet of Things, the improvement of artificial intelligence and the emergence of supercomputers radically change our understanding of the innovative environment that should provide for the development of the state targeted at a qualitative increase in the standard of living and well-being of its citizens. The analysis carried out in the article reveals the intricacy of ensuring the economic and spatial development of the country. In the economy of the XXI century, the achievement of intensive economic growth is expected through the implementation of large investment projects in industry. It is these projects that provide the necessary multiplier effect that will reveal the human, logistic and economic potential of the territories. The research work analyzes the experience of large industrial centers such as Moscow and Nizhny Novgorod, which are currently the leaders in the innovative development of Russia. Also there is the analysis of the existing and planned for implementation mechanisms necessary for the development of industry and attracting investment (both Russian and foreign) in production spheres. The formulated conclusions highlight the need to make rational management decisions at all government levels, which ensure strategic forecasting and effective use of available resources, as well as their increase in the short and long term. Obviously, it is impossible to achieve economic growth, including in industry, without the participation of the state, it is especially true for Russia.
- Copyright
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Mikhail Ya. Veselovsky AU - Vladislav I. Nikolaev AU - Vladimir A. Trifonov PY - 2022 DA - 2022/02/25 TI - Implementation of Investment Projects in Industry as a Factor of Ensuring the Economic and Spatial Development of Russian Regions BT - Proceedings of the International Scientific and Practical Conference Strategy of Development of Regional Ecosystems “Education-Science-Industry” (ISPCR 2021) PB - Atlantis Press SP - 508 EP - 514 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220208.072 DO - 10.2991/aebmr.k.220208.072 ID - Veselovsky2022 ER -