Financial instruments of investment activity in infrastructure projects: foreign experience

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Abstract

Infrastructure projects have an important role and are drivers of economic growth of the national economy. This is very important for Russia at a time of serious global challenges that require a combination of environmental and social responsibility, an optimal level of profitability, and solutions to the problems of economic modernization. The article covers foreign experience in the use of financial instruments to finance infrastructure projects. The author emphasizes that the importance of choosing and combining financial instruments in the formation of the financial architecture of the project is interrelated with the activity of their use in various state support programs, the legislative consolidation of their main parameters. The author concludes that the study of foreign experience in the application of financial instruments will allow to apply the best practices in the development and application of measures aimed at increasing investments in infrastructure projects in our country.

About the authors

Evgeniya Sergeevna Grigoreva

Peoples’ Friendship University of Russia (RUDN University)

Author for correspondence.
Email: evgeniya.gri@yandex.ru

Student of the Department of Finance and Credit at the Faculty of Economics, RUDN University

117198, Moscow, Miklukho-Maklaya str., 6

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