Formation of the mechanism of implementation of the investment strategy for the development of the region's agrosphere

Keywords: implementation mechanism, agrosphere of the region, development of the region, investment strategy, investment

Abstract

The article examines the main components of the process of forming the mechanism of implementation of the investment strategy for the development of the region's agrosphere. The structure of the mechanism of implementation of the investment strategy for the development of the region's agrosphere is substantiated. Aspects of the methodology of analysis and risk assessment of investment projects of agricultural enterprises of the region are outlined.  

In the process of developing an investment strategy for the agrosphere of the region, it is necessary to establish criteria for the evaluation and selection of investment proposals of agricultural enterprises. These criteria should be consistent with the established system of investment and financial risk management of project implementation. Based on the calculation of the expected net present income and the internal rate of return and indicators of their variation, it is possible to make a comparison of alternative projects and conclusions about the efficiency and feasibility of choosing a project for investment, which is a more important task for the implementation of the investment strategy of the region's agrosphere.

The importance of improving the information and methodological tools for the formation and implementation of the investment strategy for the development of the agrosphere of the region is determined by the fact that existing resources do not allow to adequately assess the potential of development of the agrosphere and to justify the strategic directions of development of agricultural production and rural territories.    

The rational way to solve the problem of financing investment programs and projects within the framework of the implementation of the regional agrosphere development strategy is to reach a state where the implementation of measures ensures the creation of sources of mobilization of financial resources for further self-development. Accumulating financial resources for investing, they should be directed to priority investment objects of strategic nature, which allow a radical change in the state of the agrosphere and its progressive development in the future. From this point of view, one of the most important tools is the national and regional targeted programs designed to meet the requirements of their interconnection, synergistic interaction of different levels of management and management, rational use of resources, the necessary institutional and infrastructure investment support. It is necessary to ensure that the targeted programs are fully funded, enshrining this in the budget process.

References

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Published
2019-12-23
How to Cite
Turlenko , N. (2019). Formation of the mechanism of implementation of the investment strategy for the development of the region’s agrosphere. Bulletin of Sumy National Agrarian University, (4 (82), 73-77. https://doi.org/10.32845/bsnau.2019.4.14