Implementation of Large Infrastructure Projects in Russia with the Help of State Corporations

The relevance of the research topic is due to the key role of large infrastructure projects in ensuring economic development and improving the quality of life of citizens. In the current conditions, the implementation of such large-scale initiatives is increasingly carried out with the participation of state corporations, which requires an in-depth study of the features and effectiveness of their application. The purpose of the study is to identify the key factors determining the effectiveness of state corporations. An analysis of the literature on the topic revealed a number of problems: the patterns of interaction of these structures with regional and municipal authorities, as well as a comprehensive assessment of their impact on the socio-economic development of territories, have not been sufficiently studied. During the preparation of the article, the author conducted a review of scientific publications, systematized key approaches, made conclusions about the need for further improvement of the regulatory framework, modernization of public-private partnership mechanisms, as well as strengthening coordination between various participants in the investment and construction process. As a novelty, the experience of foreign countries is systematized and the author’s position regarding its applicability in Russia is formulated. At the same time, the author of the article analyzes the empirical material of the implementation of infrastructure policy in Russia with the help of state corporations. Such large domestic corporations as Rosatom, VTB Group, VEB.RF, and Rostec were taken as the main research cases, and based on them, a comparative analysis was conducted and the strengths and weaknesses of government policy in this area were identified.. The results presented in the article will be useful to government authorities, corporate management, and the scientific community engaged in research in the field of infrastructure management.

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Publication Details

Journal
Humanities and Social Sciences Bulletin of the Financial University
Published
2025-08-09
DOI
https://doi.org/10.26794/2226-7867-2025-15-3-112-119
Primary Topic
Legal and Policy Issues
Type
article
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article

Implementation of Large Infrastructure Projects in Russia with the Help of State Corporations

V. A. Terentiev
Humanities and Social Sciences Bulletin of the Financial University
Legal and Policy Issues
article

Implementation of Large Infrastructure Projects in Russia with the Help of State Corporations

V. A. Terentiev
article en

Abstract

The relevance of the research topic is due to the key role of large infrastructure projects in ensuring economic development and improving the quality of life of citizens. In the current conditions, the implementation of such large-scale initiatives is increasingly carried out with the participation of state corporations, which requires an in-depth study of the features and effectiveness of their application. The purpose of the study is to identify the key factors determining the effectiveness of state corporations. An analysis of the literature on the topic revealed a number of problems: the patterns of interaction of these structures with regional and municipal authorities, as well as a comprehensive assessment of their impact on the socio-economic development of territories, have not been sufficiently studied. During the preparation of the article, the author conducted a review of scientific publications, systematized key approaches, made conclusions about the need for further improvement of the regulatory framework, modernization of public-private partnership mechanisms, as well as strengthening coordination between various participants in the investment and construction process. As a novelty, the experience of foreign countries is systematized and the author’s position regarding its applicability in Russia is formulated. At the same time, the author of the article analyzes the empirical material of the implementation of infrastructure policy in Russia with the help of state corporations. Such large domestic corporations as Rosatom, VTB Group, VEB.RF, and Rostec were taken as the main research cases, and based on them, a comparative analysis was conducted and the strengths and weaknesses of government policy in this area were identified.. The results presented in the article will be useful to government authorities, corporate management, and the scientific community engaged in research in the field of infrastructure management.

Humanities and Social Sciences Bulletin of the Financial UniversityVol. 15(3)
Russian University of Transport (RU)
Partnerships for the goals
Openalex Percentile: Top 67%
Legal and Policy Issues
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