Attraction of Foreign Investments in the Sphere of Economic Development of the Forest Resource Potential and Woodworking Industry: Institutional and Territorial Preconditions

Abstract

It has been found that it is possible to overcome the existing investment deficit in the forestry and woodworking segments of the forestry sector of the national economy on the basis of expanding the list of forms, methods and sources of attracting foreign investments into the sphere of economic development of the forest resource potential and wood processing. There revealed main trends in the dynamics of expenses for the maintenance and operation of equipment, as well as the maintenance and operation of forest roads across the regional forestry and hunting management departments. The priorities of improving the institutional environment for attracting foreign investments in the sphere of economic development of the forest resource potential and woodworking industry are substantiated based on implementing by state forest enterprises joint projects with foreign partners, as well as projects within the framework of public-private partnership agreements.

Keywords

• forest resource potential
• external investments
• territorial preconditions
• fixed assets
• major repairs
• environmental conventions
• joint projects