Digital transformation in regional transportation and social infrastructure

Abstract

The article is devoted to the research of the strategy of implementing regional digitalization projects regarding the transportation and social infrastructure. The purpose of the study is to identify the problems of regional digitalization projects and develop a methodology for the formation of a regional digitalization program. The study formed the key aspects of the formation of regional digitalization programs in modern conditions. The scope of the possible application of digital technologies is expanding due to the branches of the regional economy. The authors consider the use of public-private partnership instruments, attracting sources of project financing and venture financing. Three strategies for implementing the digitalization of the regional economy with the relevant level of risks and costs are studied. According to the authors’ approach the simulation strategy of the region’s digital transformation is shown as the most conservative of the three. The defensive strategy for digital transformation of the region involves the integrated use of digital technology transfer allowing to achieve much greater efficiency. It is proved that the offensive strategy consists in the active financing of regional projects with the creating regional technological reserves and technological competencies resulting in the maximum level of costs and risk.