ON THE ISSUE OF EFFICIENCY OF AGRICULTURAL INVESTMENT

DOI 10.33305/2311-69

Issue № 11, 2023, article № 7, pages 69-77

Section: Economic mechanism of managing

Language: Russian

Original language title: К ВОПРОСУ ОБ ЭФФЕКТИВНОСТИ ИНВЕСТИРОВАНИЯ СЕЛЬСКОГО ХОЗЯЙСТВА

Keywords: AGRICULTURE, FOOD INDUSTRY, INVESTMENTS IN FIXED ASSETS, INVESTMENT EFFICIENCY, PUBLIC-PRIVATE PARTNERSHIP MECHANISMS

Abstract: Ensuring the sustainable development of the country's agri-food system requires a significant increase in investment not only in agriculture, but also in the modernization of the food and processing industries, the development of rural areas, environmental protection and rational use of natural resources. An analysis of investment in the agricultural sector indicates the instability of the dynamics of investments in fixed assets, a decrease in the share of investments in agriculture in the total investments in the country's economy to 3.7%, the food industry - to 1.3%, investments aimed at environmental protection in agriculture - to 0.8%. There is a significant differentiation of the regions of the Russian Federation in terms of investment concentration. The limited volume of investments imposes increased requirements for their effective implementation in the agro-industrial production, while the analysis of the effectiveness of investments should be carried out in a comprehensive manner with the assessment of not only the efficiency of investment in production, but also the assessment of the innovativeness of investments, the impact of investments on the development of rural areas and the preservation of the environment. The need to increase investments in the development of agricultural technologies on an innovative basis by expanding the practice of venture investment and the use of PPP (MPP) mechanisms in the modernization of agro-industrial production, as well as investments aimed at environmental protection in the agricultural sector, and sustainable socio-economic development of the village, taking into account the principles of responsible investment, is substantiated.

Authors: Tiu Liudmila Vasilevna