The National Transport University Bulletin

Abstract

The development of the road construction industry is the most important condition for the functioning of economic systems of modern states. Financing the development and maintenance of public roads is today one of the key issues for the development of the entire Ukrainian economy, because investments in road infrastructure are strategic - only if there is road infrastructure of good quality Ukraine will be able to fully use its export and logistics potential, develop remote areas, encourage external and domestic investor to invest in various industrial and agricultural projects. Decision-making at the level of the road network is a problem related to the economy as a whole (at the macroeconomic level), but there are no less problems at the level of the road (at the microeconomic level). At this stage of development of the road network of Ukraine the question of strategic planning, implementation and definition of the main goals and formation of strategy of their achievement, formulation of key tasks of development, clarification of needs in resources necessary for realization of the chosen strategy, distribution of resources on strategic directions sharply arises. Strategic management in a broad sense determines the long-term (20-25 years) orientation in the development of society as a whole or in individual areas, spheres, objects, territories, determines the purpose, objectives, strategy of society and sets the direction of each management. The basis of strategic management is strategic plans, development concepts and other documents that reflect the formulation and methods of achieving long-term goals. Without these parameters, it is impossible to attract long-term private investment in road construction. The considered approaches to management of distribution of financial resources on term and the maintenance are carried to tactical planning. As noted in the article, the full restoration of road infrastructure at the planned level of funding is possible for at least 25 years, and a qualitative leap is possible only with the involvement of private capital interested and motivated.

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