Proceedings of the International Conference "Aviamechanical engineering and transport" (AVENT 2018)

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CRITERIAL APPROACH TO ESTIMATION OF INVESTMENT EFFICIENCY IN INFRASTRUCTURE OF JSC "RUSSIAN RAILWAYS"

Authors
I. Yu. Solskaia, N. B. Grosheva
Corresponding Author
I. Yu. Solskaia
Available Online May 2018.
DOI
10.2991/avent-18.2018.74How to use a DOI?
Keywords
investment program; transport strategy; evaluation of project investment efficiency; infrastructure of railway transport; operating costs
Abstract

The concept of economy’s infrastructure component priority development assumes a significant increase in investment in new construction projects and an increase in the capacity of the railway infrastructure in Russia. Macroeconomic efficiency of the investment program is the most important instrument for achieving the strategic goals of JSC Russian Railways (JSC Russian Railways) in the conditions of the industry reform. The company consistently implements the tasks of optimizing the investment process by switching to the design principles of formation and management to implement the investment program of JSC Russian Railways. Evaluation of project investment efficiency should take into account, apart from the sources of their formation, the possibility of reducing operating costs. The article discusses the limitations of traditional approaches to investment evaluation criteria, conditioned by the nature of the projects implemented, and suggests modification of the approach using the criterion indicator based on the estimation of capital costs and operating expenses.

Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the International Conference "Aviamechanical engineering and transport" (AVENT 2018)
Series
Advances in Engineering Research
Publication Date
May 2018
ISBN
10.2991/avent-18.2018.74
ISSN
2352-5401
DOI
10.2991/avent-18.2018.74How to use a DOI?
Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

risenwbib
TY  - CONF
AU  - I. Yu. Solskaia
AU  - N. B. Grosheva
PY  - 2018/05
DA  - 2018/05
TI  - CRITERIAL APPROACH TO ESTIMATION OF INVESTMENT EFFICIENCY IN INFRASTRUCTURE OF JSC "RUSSIAN RAILWAYS"
BT  - Proceedings of the International Conference "Aviamechanical engineering and transport" (AVENT 2018)
PB  - Atlantis Press
SP  - 381
EP  - 385
SN  - 2352-5401
UR  - https://doi.org/10.2991/avent-18.2018.74
DO  - 10.2991/avent-18.2018.74
ID  - Solskaia2018/05
ER  -