Усъвършенстване на инвестиционния процес в публичния сектор
Improving the investment process in the public sector

Author(s): Vesela Ilieva
Subject(s): Social Sciences, Economy, Sociology, Social development, Public Finances
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: sustainable investments; sustainable urban development; evaluation of investment projects; environmental efficiency; resource efficiency; municipality infrastructure; integrated approach; system of indicators
Summary/Abstract: Municipalities are the main public entities that have a significant role in achieving the goals of sustainable development, respectively sustainable urban development. At the same time, they are responsible for solving a complex set of tasks that simultaneously affect economic, social and environmental problems related to: public works, social policy, education, European integration, architecture, town planning, infrastructure construction, etc. As the main participants in the ongoing institutional, economic, social and environmental processes, they carry out investment activity and implement investment projects related to the construction of a sustainable and favorable environment for the local community. The present monographic work presents a new integrated approach for the development and evaluation of the municipalities' investment projects for the construction, reconstruction and renovation of infrastructure sites. It is based on an author's system of indicators for assessing the compliance of investment projects in municipal infrastructure facilities with the requirements for sustainable investing. The system of indicators for assessing the compliance of municipal investment projects with sustainability requirements has been tested on the example of an investment project in the field of cultural infrastructure of the municipality of Burgas. A significant part of the guidelines, recommendations and conclusions can also be applied by organizations and institutions with different spheres of activity, both in the public and private sectors.

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