Evaluation of investment projects in petrochemical enterprises

2020 ◽  
pp. 62-69
Author(s):  
D.A. Amiraslanova ◽  
Keyword(s):  
Production Capacity ◽  
Capital Investments ◽  
Investment Projects ◽  
Petrochemical Enterprise ◽  
Major Industry

Petrochemistry is one of the major industry fields in Azerbaijan, the production of which is exported to a number of countries. Competetive performence of exported goods creates conditions for the segmentation of certain markets and enhancement of sales geography. In this context, the paper reviews such issues as economic estimation of investment projects and expansion of potential of petrochemical enterprise with the purpose of increasing its production capacity, as well as the possibility of using internationally approved method of economic estimation for the specification of the efficiency of capital investments.

scholarly journals Forecasting of Capital Investments into the Fixed Capital in Regions Until 2024: Methods and Results of Territorial Forecast for Russia

2020 ◽  
pp. 49-62
Author(s):  
Irina Grishina
Keyword(s):  
Far East ◽  
Fixed Capital ◽  
The Arctic ◽  
Capital Investments ◽  
North Caucasus ◽  
Fixed Investment ◽  
Medium Term ◽  
Investment Projects ◽  
The North ◽  
Regional Investment

The aim of the study is to improve the methodology of forecasting of the territorial proportions of fixed capital investments within the medium-term forecast of the social and economic development of Russia. The author proposes a method of decomposition of predicted national indicators at the regional level which takes into account the prospects of attracting private investments and implementing large investment projects with the state participation. The researcher describes the system of factors determining the interregional differences of private investors’ activity and forming the metric basis of complex estimation of the regional investment attractiveness using the official statistics. The paper presents the list and methods for estimating the indicators characterizing the production, financial, consumer, institutional, innovative, infrastructure and natural-resource components of the region’s investment potential, as well as social, environmental and technological regional investment risks. The paper shows the opportunities of using the functional relationship for the medium-term forecasting between the integral regional indicators of the investment attractiveness and activity. The national forecast has been decomposed by calculating the individual regional deviations of the forecasted national growth rate of fixed investment in Russia for 2019–2024. The developed variants of perspective territorial proportions confirm the possibility to achieve the national target of the forecast presented as a 25 percent share of the fixed investment in GDP of Russia and reflect the core perspective destinations of development for different parts of the country – the accelerated development of the Far East, the Arctic zone, the largest metropolitan areas of Russia, as well as the provision of national security in the geostrategic regions of the North Caucasus and Southern Federal Districts. The approach is designed to support the administrative decisions concerning the spatial development by linking regional and investment policy priorities.

scholarly journals Russian capital investment dynamics as an economic transformation factor

2019 ◽  
Vol 89 (10) ◽  
pp. 981-992
Author(s):  
Aleksey V. Alekseev ◽  
Natalia N. Kuznetsova
Keyword(s):  
Global Economy ◽  
Capital Investment ◽  
Large Scale ◽  
Economic Transformation ◽  
Capital Investments ◽  
Economic Activities ◽  
Investment Projects ◽  
Use Of Resources ◽  
Investment Process

By comparing Russian and American capital investment programs according to gross and per capita indexes, this article analyzes capital investments long-term dynamics in economic activities in general and manufacturing in particular. Results showed that Russian economic growths quality, determined by its 2000 capital investment structure did not correspond with the national economys long-term development aims. Moreover, investment activitys current fading appears consequent to that periods inappropriate investment politics. The existing Russian investment system aims to incorporate its economy into the global economy as a supplier of natural and, partly, agricultural resources, thus dooming manufacturing to stagnation at best. The authors reveal that activation of industrial politics, established on a fundamental power-of-the-state approach in the investment process, based on long-term strategic interests and the potential of market forces (namely, efficiency use of resources) allows launching large-scale investment projects to provide favorable conditions for creating an innovative national economy.

scholarly journals Methodology for Determining the Factors that Affect the Current State of Implementation of Investment Strategies in Public Administration

2019 ◽  
Vol 8 (6) ◽  
pp. 4484-4487
Keyword(s):  
Public Administration ◽  
Investment Project ◽  
Business Plan ◽  
State Regulation ◽  
Investment Strategies ◽  
Capital Investments ◽  
Business Plans ◽  
Investment Projects ◽  
Project Monitoring ◽  
Investment Process

The main feature of the modern state investment policy is the creation of conditions for extending extra-budgetary sources of financing of capital investments and attraction of investments of own and foreign investors in the economy of the country based on the further improvement of the regulatory framework and state support of productive investment projects. State regulation of the investment process is carried out to implement economic, scientific and social policies. The constructed classification can be used by the heads of public administration institutes in developing business plans for investment projects, creating a model for managing an investment project, monitoring the implementation of a business plan for an investment project, developing regulatory management decisions aimed at adjusting the business plan and actions of executors of the investment project.

scholarly journals Model of estimation of investment project’s sensitivity in stevedoring activity

2021 ◽  
pp. 139-145
Author(s):  
А.И. Гриб ◽  
М.Б. Иванова
Keyword(s):  
Performance Indicators ◽  
Project Performance ◽  
Assessment Model ◽  
Capital Investments ◽  
Investment Funds ◽  
Investment Activity ◽  
Investment Projects ◽  
Raw Sugar ◽  
Study Methodology ◽  
Current Operating

В статье предлагается модель оценки риска в стивидорных компаниях при инвестировании в строительство и модернизацию перегрузочных терминалов. В исследовании рассматривались основные факторы, влияющие на показатели эффективности проектов в работе операторов морских терминалов. При этом были рассмотрены следующих проекты: строительство терминала по перегрузке растительного масла; строительство терминала по перевалке сахара-сырца. В основе предлагаемого метода используются показатели эффективности инвестиционных проектов: чистый дисконтированный доход, дисконтированный срок окупаемости. В работе рассмотрена степень влияния изменения объемов перевалки, объемов капитальных вложений и текущих эксплуатационных расходов на основные показатели эффективности. В статье проанализированы особенности инвестиционной деятельности в стивидорных компаниях. На основе исследования составлен алгоритм оценки чувствительности инвестиционных проектов к влиянию внешних факторов. Методика определения чувствительности инвестиционных проектов апробирована на проектах Стивидорной компании Юга России. In this article we suggest risk assessment model in stevedoring companies when investing in construction and modernization of transshipment terminals. In this research we consider main factors influencing project performance indicators in the work of marine terminal operators. At the same time the following projects were considered: construction of a vegetable oil transshipment terminal, construction of a terminal for transshipment of raw sugar. The proposed method is based on performance indicators of investment projects: net discounted income, discounted payback period. The paper considers the degree of influence of changes in transshipment volumes, in volume of capital investments and in current operating costs on main project performance indicators. The article analyzes the features of investment activity in stevedoring company. Тhe algorithm for assessing the sensitivity of investment projects to the influence of external factors is compiled based on the study. Methodology for determining the sensitivity of investment funds tested on the projects of a stevedoring company in the South of Russia.

scholarly journals Risk analysis and evaluation of capital investment projects

2001 ◽  
Vol 4 (2) ◽  
pp. 398-411 ◽  
Author(s):  
J. H. Hall
Keyword(s):  
Risk Analysis ◽  
South African ◽  
Capital Investment ◽  
Cash Flows ◽  
Capital Investments ◽  
Investment Projects ◽  
Analysis And Evaluation ◽  
Subjective Estimates ◽  
The Empirical Analysis ◽  
Risk Concept

In determining the feasibility of projects where capital investments are concerned, various methods are used. The focus of these methods is on return per se, so it is often asked to what extent any of these methods take the risk concept into account. The main objective of this study was to investigate the importance of risk with regard to capital investment projects. Secondly, with the aid of an empirical study, the study tried to establish whether risk is incorporated when South African companies evaluate capital investment projects. The empirical analysis indicated that risk analysis and evaluation in practice are to a large extent neglected by South African companies. It was found that nearly a quarter of companies estimate their annual cash flows using management subjective estimates alone.

BUDGET INVESTMENTS IN UKRAINE: PRIORITIES AND TRENDS

2017 ◽  
Author(s):  
Natalya Yaroshevych ◽  
◽  
Andriy Yakymiv ◽  
Keyword(s):  
The State ◽  
Transport Infrastructure ◽  
Capital Expenditures ◽  
Development Projects ◽  
Capital Investments ◽  
State Budget ◽  
Investment Projects ◽  
State Management ◽  
State And Local ◽  
Budget System

The article investigates the priorities of budget investment and trends in the distribution of capital expenditures among the budgetary system levels in Ukraine during 2010-2019 period. It has been established that capital expenditures of budgets in Ukraine cannot be equated with capital investments from the budget, since they contain articles that are inconsistent with the classical understanding of investments. But the analysis of their dynamics and structure makes it possible to identify the priorities of budget investment and the distribution of budget investment among the budget system levels. It has been established that since 2015 in Ukraine there has been an increase in the share of capital expenditures of the consolidated budget in the total expenditures of the consolidated budget at the expense of local budgets, which are a consequence of an increase in the local budgets resource base in relation to the decentralization reform. A positive trend of growth in the percentage of capital expenditures fulfillment of both state and local budgets was revealed. Also, since 2015, a change in the ratio of capital expenditures among the levels of the budget system in the direction of the prevalence of local budgets and a change in the structure of capital expenditures of the state and local budgets has been revealed: in the state budget, capital transfers to enterprises that are a form of support for certain sectors of the economy are decreasing, but in local budgets they are growing. Thus, the economic function of the state to support individual sectors of the economy is delegated to local budgets. It also revealed a change in priorities in the structure of financing public investment projects from the state budget of Ukraine during 2019-2020 from social development projects to transport infrastructure development projects (70% of funding). It has been established that capital investments from budgets of all levels are not aimed at multiplying budget investments; therefore, an increase in budget capital expenditures does not guarantee the acceleration of the state economic development. The improvement of the investment activities state management system should be realized in the direction of formation and budgetary financing the investment projects that will contribute to the introduction of new technologies, the creation of new jobs and the investment attractiveness of the country.

INTEGRATED APPROACH FOR SELECTING THE EFFECTIVE SCHEME FOR PREPARING THE MINING FIELD

2020 ◽  
Vol 3 (1) ◽  
pp. 100-112
Author(s):  
A.A. BELODEDOV ◽  
◽  
D.N. SHURYGIN ◽  
Keyword(s):  
Mathematical Model ◽  
Coal Seam ◽  
Production Capacity ◽  
Economic Assessment ◽  
Integrated Approach ◽  
Coal Production ◽  
Capital Investments ◽  
Mine Field ◽  
Current State

The analysis is carried out and the problems of the current state of mining in the coal mines of the Russian Donbass are identified. To increase the efficiency of their work, it is proposed to create a mathematical model that allows tracing the probable zones of tectonic disturbance. We apply this technique for the southeastern wing of the inclined part of the mine field of the Sadkinskaya mine. On the basis of the constructed forecast map of coal seam disturbance, we solve the problem of choosing the optimal cutting of a section of a mine field. To do this, we make a technical and economic assessment taking into account such factors as: losses and quality of mined coal, production capacity of the mine and time for preparation and development, volume of capital investments, cost, taking into account costs when crossing disturbed zones.

scholarly journals Conditions Necessary for Private Investment in the Ethanol Industry

2009 ◽  
Vol 41 (2) ◽  
pp. 455-464 ◽  
Author(s):  
Philip Kenkel ◽  
Rodney B. Holcomb
Keyword(s):  
Cellulosic Ethanol ◽  
Capital Investment ◽  
Production Capacity ◽  
Private Investment ◽  
The United States ◽  
Agricultural Economics ◽  
Capital Investments ◽  
Feedstock Production ◽  
Financial Issues ◽  
Short Timeframe

While agricultural economics literature has become rife with the economics of ethanol production and cellulosic ethanol feedstock production, little has been written about capital investment necessary for the magnitude of industry development mandated by the Energy Security and Independence Act of 2007. Financing the development of the ethanol industry to meet the 36 billion gallon production capacity set for 2022 (with 16 billion gallons from cellulosic ethanol) will require capital investments exceeding $100 billion for production facilities, plus extensive investment in feedstock establishment and transportation/handling infrastructure. Federal support associated with political mandates does not address all of the financial issues related with the development of the industry in such a relatively short timeframe. This article addresses the challenges associated with and the conditions necessary for achieving the private investment needed to expand the ethanol industry in the United States.

scholarly journals BUDGET INVESTMENT AT THE LOCAL LEVEL

2021 ◽  
Author(s):  
Natalya Yaroshevych ◽  
Andriy Yakymiv ◽  
Olha Chubka
Keyword(s):  
Economic Development ◽  
Regional Development ◽  
Financial Support ◽  
Local Level ◽  
The State ◽  
Capital Expenditures ◽  
Capital Investments ◽  
State Budget ◽  
Investment Projects ◽  
Socio Economic Development

The article investigates the structure and dynamics of capital expenditures and capital investments at the expense of local budgets during 2010-2019. It has been established that since 2015 in Ukraine there has been an increase in capital expenditures of local budgets, both in the total amount of expenditures of local budgets, and in GDP as well. This is due to the growth of the local budgets resource base in connection with the decentralization reform. Also, a positive trend of growth in the percentage of capital expenditures of local budgets is revealed. This fact reflects the budgetary investment intensification at the local level. It was found that the growth of capital expenditures from local budgets occurs in the direction of the growth of capital transfers to enterprises (up to 40% in the total amount of capital expenditures). This may be due to the replenishment of the registered capital of utilities, a significant part of which is formed because of a medical reform. Major maintenance, reconstruction and restoration traditionally remain at a high level in the structure of local budgets capital expenditures. The significance for local budgets and procedures for obtaining various types of financial support for regional development from the state budget is also studied. It has been established that the investment potential of local budgets is formed by their own revenues to the development budget, as well as by funding from the state budget in the form of subventions to local budgets for the formation of the united territorial communities infrastructure (0.3-0.4% in the revenues of local budgets); subventions for the implementation of measures for the certain territories socio-economic development (0.2-1.2%) and financing of investment projects at the expense of the State Fund for Regional Development (0.7-1.03%). It was found that the growth of capital investments from local budgets to a small extent depends on financial support from the state budget. It was also clarified that the use of funds for the regional development financial support at the expense of the state budget does not quite correspond to the goals defined by legal acts. The problems of the efficiency of financing investment projects at the expense of the SFRD funds and subventions of socio-economic development have been identified. Recommendations are given for eliminating the identified problems of the effectiveness of financing investment projects for regional development.

scholarly journals Methods, procedures and tools for diversification of enterprises and organizations of the Russian defense industry

2019 ◽  
Vol 10 (1) ◽  
pp. 38-53
Author(s):  
Yu. V. Mishin ◽  
N. B. Kosterev ◽  
V. B. Sukharev ◽  
A. Yu. Mishin
Keyword(s):  
Action Plan ◽  
Production Capacity ◽  
Defense Industry ◽  
Economic Consequences ◽  
High Tech ◽  
Load Factor ◽  
Industrial Complex ◽  
Capital Investments ◽  
Low Efficiency ◽  
The Military

Purpose: the work covers the issues of organizational, methodological and instrumental support of the processes of diversification of organizations and enterprises of the Russian defense industry complex. Based on an analysis of the reasons for the low efficiency of federal targeted programs for the conversion of enterprises and the organization of the military-industrial complex in 1993-1997, proposals for its improvement were formulated.Methods: the methodological basis of the approach considered in the article is to assess the effectiveness of diversification, including both parameters of the use of production capacity and the main results of the production activities of economic entities.Results: the article proposed and justified: 1) the principles of diversification of enterprises and defense industry organizations; 2) tools for assessing the economic consequences, based on justifying calculations of the use of production capacity, determining the need for resources, the volume of capital investments and production areas; 3) action plan (“roadmap”) for the development and production of high-tech civilian products.Conclusions and Relevance: Diversification of enterprises and organizations of the defense-industrial complex of the Russian Federation in most cases (except for dual-use products) requires an investment of a considerable amount of funds. In order to ensure the minimization of the resources required for its fulfillment (amount of capital investments, production space and labor force), the use of the production potential load factor is proposed as a criterion for evaluation of conversion efficiency of military production. 

Sign in / Sign up

Export Citation Format

Share Document