Abstract

The article considers the dynamics of the federal legislation that regulates investments in capital construction projects: principles of town-planning and investment activity, the order of acceptance and execution of decisions in the sphere of construction and capital repairs, interaction between public bodies, economic operators, and citizens. On the basis of the analysis of the federal laws on investment activity and the Town-planning code of the Russian Federation the author draws conclusion on the necessity of a comprehensive adjustment of the legislation for this sphere of economic activity. Such adjustment should affect two major areas. On the one hand there is the protection of interests in proper environment of public-law entities’ population. The achievement of this goal will provide finding the balance of interests of the population and investors in town-planning design standards and public procedures for the adoption of all town-planning decisions. On the other hand, there is the protection of investors’ legitimate interests consisting of establishing unambiguous legislative regulations that provide protection of their investments.

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