Assessment of factors affecting the development and implementation of investment projects in the Russian Federation Arctic Zone

• Published in: IOP Conference Series: Earth and Environmental Science
• Main Authors: Babkina, Lyudmila, Kozin, Mikhail, Skotarenko, Oksana
• Format: Article in Journal/Newspaper
• Language: unknown
• Published: IOP Publishing 2021
• Subjects: Arctic
• Online Access: http://dx.doi.org/10.1088/1755-1315/678/1/012041; https://iopscience.iop.org/article/10.1088/1755-1315/678/1/012041; https://iopscience.iop.org/article/10.1088/1755-1315/678/1/012041/pdf

Abstract The article gives reasons for dividing strategic goals of Arctic Zone socioeconomic development into levels. The first level includes major mid-term goals until 2035, the second one strategic vectors of development or condition goals, and the third one programme goals, including the government programme “Socioeconomic Development of the Russian Federation Arctic Zone”. This hierarchy of goals is based upon a systemic, comprehensive, and programme-goal methodological approach and an analysis of regulatory documents applicable to socioeconomic development of and investment activities in the Russian Federation Arctic Zone. Therefore, any government programme, including the Socioeconomic Development of the Russian Federation Arctic Zone is aimed at achieving major strategic development goals and based on successful implementation of investment projects. The authors have therefore developed and tested a method to assess the importance of factors affecting implementation opportunities and threats (risks) of an investment project. The article contains an assessment of opportunities and threats (risks) caused by small-scale and large-scale external factors and internal factors affecting successful implementation of a company project in the Russian Federation Arctic Zone.