Industry and Entrepreneurship component of the Murmansk region construction complex strategic chart

Abstract

A key condition for the sustainable development of the Russian Federation Arctic Zone (RFAZ) territories is a well-developed infrastructure of the region. By the term “infrastructure of the region”, it is common to mean the whole set of functional systems that ensure the vital activity and competitiveness of the region. One of basic elements of the infrastructure is the region’s construction complex, which includes housing construction (low-rise and high-rise), industrial construction, social construction, cultural construction, road construction, and general construction. This study explores the strategic development of the construction complex of the Murmansk region as one of the RFAZ territories. Strategic development of the regional construction complex is provided by construction companies and organizations. The analysis of construction enterprises and organizations activity showed that the construction complex development depends strongly on economic crises. In this regard, the list of actions that allow providing balanced development for the regional construction complex has been offered. Based on the identified activities, benchmarks were identified, and the “Industry and Entrepreneurship” component of the strategic chart for the Murmansk region construction complex was developed.