scholarly journals Project financing of housing construction: domestic and foreign experience

Author(s):  
O. Yu. Bochkareva ◽  

Since July 1, 2019, the construction industry of the Russian Federation has switched to project financing of housing construction. In this regard, developers must provide financing of construction by using the owned and credit assets. According to this model, banks act as credit providers, as well as a supervisory authority for the appropriate expenditures of funds targeted to the project from special escrow accounts. The article discusses the concept of project financing, its main forms and types. A comparative analysis of domestic and foreign practice of project financing is made, and statistics data of transition of construction organizations to this model are presented. The system of interaction between the main participants of the construction project, namely, the consumer, the developer, the bank, is studied.

2018 ◽  
Vol 33 ◽  
pp. 03010 ◽  
Author(s):  
Irina Zaychenko ◽  
Alexandra Borremans ◽  
Svetlana Gutman

The article describes the concept and types of administrative barriers encountered in various areas of the enterprise. The particularities of the Russian high-rise construction industry are described and a comparative analysis of administrative barriers in this sector is performed. The main stages and administrative procedures when the developers implement investment and construction projects in the field of high-rise construction are determined. The regulatory and legal framework for the implementation of investment and project activities in the high-rise construction industry has been studied and conclusions have been drawn on its low level of precision in the issue of the formation of competitive and efficient high-rise construction markets. The average number of administrative procedures for the implementation of the investment and construction project in the field of high-rise construction is determined. The factors preventing the reduction of administrative barriers in the high-rise construction industry are revealed.


2019 ◽  
Author(s):  
Ксения Евгениевна Добрынина

В данной статье рассмотрены изменения законодательства Российской Федерации в сфере строительства жилья, выделены проблемные аспекты долевого строительства жилья и его поэтапной замены на проектное финансирование. В ходе анализа были выявлены позитивные и негативные последствия внедрения в России проектного финансирования строительства жилья. А так же сделаны выводы о том, к чему могут привести рассматриваемые изменения в законодательстве.This article examines the changes in the legislation of the Russian Federation in the field of housing construction, highlights the problematic aspects of shared housing construction and its phased replacement for project financing. The analysis revealed the positive and negative consequences of introducing project financing of housing construction in Russia. As well as conclusions about what the changes in the legislation in question may lead to.


2019 ◽  
Vol 8 (6) ◽  
Author(s):  
Albina Khairullina ◽  
Larisa Nabieva ◽  
Aigul Sabirova

This article analyzes the current state of the construction industry of the Russian Federation at the federal and local (for example, the Republic of Tatarstan) levels. The features and trends of the construction industry of the Russian Federation (RF) are considered, taking into account the changes in the legislation affecting this industry. The authors analyzed the statistics of housing commissioning, the dynamics of lending and debt of construction organizations, in addition, the analysis of statistics of bankruptcies of companies. The key players in the construction market of the Republic of Tatarstan were studied, and their reliability rating was presented. Based on the results of the analyzed material, certain conclusions were formulated. Based on the findings, it was determined that in the Russian Federation the construction industry is experiencing some difficulties that require special attention from the state. However, at present the government is already taking certain steps towards improving the current situation. As it was revealed, in the Republic of Tatarstan, the construction industry has had a positive development dynamics over several years. In recent years, there has been an increase in housing commissioning. In addition, the government annually invests in the construction industry. Despite this, in Tatarstan there is a high percentage of bankruptcies of construction companies, the reasons for which are identified in this article.


Vestnik NSUEM ◽  
2021 ◽  
pp. 103-113
Author(s):  
L. M. Rerikh

Negative aspects in the practice of financing housing construction at the expense of citizens and legal entities led to the search for new methods of paying for housing construction in order to prevent the growth of long-term construction, the emergence of new defrauded equity holders. The article presents material on the implementation of project financing by developers of the Novosibirsk region through the use of escrow accounts. The uncertainty of the long-term prospects for the application of the existing method of financing housing construction, the lack of a firm position on the part of the government of the Russian Federation on alternative payment mechanisms are noted.


2020 ◽  
Vol 3 (7) ◽  
pp. 49-61
Author(s):  
V. O. BETIN ◽  

The introduction of the new amendments to the country's Constitution opens up an opportunity to solve ef-fectively the new tasks of the country's economy in the short term. One of the priority places among these tasks is occupied by the construction industry as a whole and housing construction in particular. Exceptional attention in the Constitution is paid to the development of the construction industry. The main instrument for the implementation of the tasks set is a special investment project that has received the status of a national one. This article examines a set of practical measures and scientifically grounded mechanisms – economic, financial, legal, that have sufficient potential for organizing effective project management at the federal and regional levels.


Author(s):  
A. А. Poddubniak ◽  
I. М. Avdeev

This article explores the prospects for the revival of the institution of investigative judges in the Russian Federation, the procedure for their appointment, as well as the set of rights and obligations that they should have. The author also compares similar institutions in other countries ,including Ukraine and Kazakhstan. After reforming the procedural, and introducing the institution of the investigative judge, using Ukraine as an example, the author shows how the situation changed. This article conducts a comparative analysis with the foreign experience of the existence of this institution and analyzes the possible positive and negative consequences. The author points out that the introduction of the institution of the investigative judges will contribute to a more objective and impartial establishment of circumstances relevant to the case, concerning to each parties. The opinion of jurists on the advisability of such an introduction are being studied.


2021 ◽  
pp. 109-116
Author(s):  
D. A. Kurapov ◽  
A. A. Konusova ◽  
E. A. Khalimon

The COVID-19 epidemic has become a serious challenge for the economies of all countries of the world. The consequences of the fight against the spread of the virus have led to serious complications in the Russian economy. This article analyses the measures taken by the federal and regional governments aimed at curbing the spread of the pandemic, as well as supporting the economy of Russia and its subjects. The paper presents foreign experience on the measures taken and a comparative analysis between the countries. In addition, the authors study the influence of government decisions and their effectiveness on the basis of scientific articles, estimates and statistics published in the mass media, forecasts of the Ministry of Economic Development of the Russian Federation, reports of the Federal State Statistic Service. 


Author(s):  
А. Чапаргина ◽  
A. Chapargina ◽  
А. Гасникова ◽  
A. Gasnikova

Today both in foreign countries and in Russia, public-private partnership (PPP) is seen as an important mechanism for solving public significant economic and social problems. The main purpose of PPP is to achieve synergies by the sharing of resources and knowledge, risk allocation, and integrating efforts to meet the needs of all participants of a PPP project. The article considers the history of the PPP and its different determinations. The authors present an organizational model of PPP, reflecting the main issues of organization and possible effects from using this mechanism. The analysis of foreign experience of using PPPs is conducted by the example of two economically developed European countries — Great Britain and Germany; some aspects of the foreign experience can be used in Russia. The choice of these countries for comparative analysis with Russian practice of using PPP is clearly substantiated in the article. Trends, features and directions of development of this type of legal relations between the state and business in terms of Russian reality are revealed. The main problems related to using this mechanism in the Russian Federation and its subjects are generalized. The measures allowing expanding using public-private partnership for effectively solving public significant problems are presented.


2020 ◽  
Vol 10 (1) ◽  
pp. 28-32

The relevance of the work is determined by the fact that the right to life belongs to the basic constitutional human rights, therefore, its observance and protection is the duty of the state. Despite its undeniable importance, today the right to life anywhere in the world is not really ensured in sufficient quantities. The constitutional consolidation of the right to life raises a number of issues related to the concept, nature, legislative and practical implementation of this right. It should be noted that various aspects of the human right to life were considered in the scientific works of G.B. Romanovsky, O.G. Selikhova, T.M. Fomichenko, A.B. Borisova, V.A. Ershov and other Russian authors. The aim of the study is to study and comparative analysis of the legal content of the constitutional norm that defines the right to life, to comprehend and identify possible problems of the implementation of this right. To achieve this goal, this article discusses relevant issues of ensuring the right to life, proclaimed by Article 20 of the Constitution of the Russian Federation and Article 27 of the Constitution of Azerbaijan Republic. The results of a comparative analysis of these constitutional norms and the relevant norms of industry law allow us to determine, that there is no contradiction between Article 20 of the Constitution of the Russian Federation and the norms of the criminal legislation of the Russian Federation, which imply the death penalty as an exceptional measure of punishment, because a moratorium has been imposed on the death penalty in the Russian Federation since April 16, 1997. However, after the abolition of the death penalty in the criminal legislation of the Republic of Azerbaijan in 1998, there was a discrepancy between parts II and III of Article 27 of the Constitution of the Republic of Azerbaijan and the criminal legislation of Azerbaijan Republic that requires the introduction of the necessary changes in the content of the analyzed constitutional norm. The value of the work is determined by the fact that the introduction of appropriate changes will contribute to the further improvement of the Constitution of the Republic of Azerbaijan and the effective implementation of the right to life of everyone.


2020 ◽  
Vol 18 (9) ◽  
pp. 1787-1798
Author(s):  
S.N. Ayusheeva

Subject. This article assesses the effectiveness of the existing system of environmental management based on the user-pays principle in terms of reducing the negative impact on the environment. Objectives. The article aims to conduct a comparative analysis of the anthropogenic impact on natural environment components and deficiency payments for pollution in the model areas of the Russian Federation. Methods. For the study, I used the methods of computational, comparative, systems, and structural analyses. Results. Based on the ecological rating of the Russian Federation subjects, the article defines model areas, assesses the degree of anthropogenic impact on the basis of pollution relative rates, and describes the particularities of environmental investment in the selected areas. Conclusions. The system of payments for pollution does not affect the economic behavior of economic entities.


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