Abstract
The paper discusses the topical issues of investment activities enhancement in the forest sector of the Russian economy by implementing the mechanism of priority investment projects in the field of forest exploitation – economic model of public-private partnership proposed by the forest owner (the State) for the private sector. The aim of the considered investment projects is the development of a timber-processing infrastructure, which is reliably provided with wood raw materials. It becomes possible to ensure certain preferences for businessmen that encourage them to invest money into the forest sector. Thus, the other objective is to develop recommendations for attracting investments into the forest sector of the Russian economy in the framework of priority investment projects. The paper analyzes a ten-year experience in the practice of applying priority investment projects in forest exploitation using an integrated approach to studying project management issues and method of comparison. The research identifies positive moments and a number of organizational and methodological shortcomings related to the development and implementation of investment projects in the forest sector of the Russian Federation. A number of areas contributing to the development of investment activities in forest exploitation is proposed.
Highlights
Russia takes the first place in the forest area and the second place, after Brazil, in timber reserves in the world
The paper discusses the topical issues of investment activities enhancement in the forest sector of the Russian economy by implementing the mechanism of priority investment projects in the field of forest exploitation – economic model of public-private partnership proposed by the forest owner for the private sector
The main mechanism increasing the volume of investments in the forest sector was the implementation of priority investment projects for forest exploitation
Summary
Russia takes the first place in the forest area and the second place, after Brazil, in timber reserves in the world. The total area of the forest fund of Russia is 1.18 billion hectares. The total timber stock in forests is 83.4 billion m3. Ripe and overmature stands of the main forest-forming species in the Russian production forests make 29 billion m3. The allowable annual volume of wood harvesting in Russia is 704.8 million m3 and 212.4 million m3 are harvested (30.1 % of the calculated cutting area). It is obvious that the existing reserves of forest resources can provide the current and future country’s domestic needs for wood and products coming from its processing, but significantly expand the export of forest products
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More From: IOP Conference Series: Earth and Environmental Science
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