PRINCIPLES OF FUNCTIONING OF THE REGIONAL INVESTMENT AND CONSTRUCTION COMPLEX

Abstract

The purpose of the article is to define and systematize the principles of functioning of the regional investment and construction complex. It is proposed to consider the regional investment and construction complex as the organized territorial set of construction productions and results of their economic activities with regional and industry management. It is noted that one of the most important tasks of regional authorities is to ensure the integrated social and economic development of the region, which means that the interests of various management and business entities should be taken into account when solving problems of the investment and construction complex of the region. The features setting the regional tone to the construction that leaves certain traces on the entire investment and construction complex are highlighted. The definition of the term “structure of the regional investment and construction complex” is proposed. The principles that should form the basis for functioning of the regional investment and construction complex are determined: sense of purpose, consistency, integrated approach, efficiency and consensus of interests. It is noted that management of the investment and construction complex of Ukraine is basically a process of managing all aspects of the investment activities at different levels of management. The special methods of administrative, social and psychological and economic impact are defined. The direct and indirect methods of economic management are analyzed. The objects and subjects of the investment process regulation at the regional level are defined. Two groups of the investment process regulation are considered to create an effective mechanism for managing, planning, programming and financing the priority investment projects: the first group is global, and the second group is local. The global principles of regulation at the regional level are considered: scientific character, integrated approach, variance, adequacy and efficiency. The local principles include: economic protectionism, dynamism, adaptability and equivocation. It is proved that compliance with the proposed principles, both global and local, makes it possible to make the mechanism of the investment and construction process regulation in the region flexible, effective, and adequate.