Providing financial and economic security of projects for the construction of transport hubs

Abstract

Aim. The goal is to develop an approach for evaluating the economic efficiency of constructing passenger transport hubs, providing financial and economic security of investment projects and promoting the effective operation of these hubs, while considering the external impacts of ongoing projects. Materials and Methods. The study involved collecting and analyzing data from scientific articles, papers, and open online sources. Economic assessment and investment analysis were used to evaluate the efficiency of passenger transport hub construction projects. The research also drew on scientific publications discussing economic descriptions of transport hubs, using the Volkovskaya TPU project, developed by Archidi LLC by order of the St. Petersburg Transport Committee. Results. The main scientific result is an approach for economically assessing transport hub projects. This approach includes assessing the public effectiveness by factoring in benefits such as reduced travel time and decreased load on the city’s road network within the project’s cash flows. The proposed approach was tested using the Volkovskaya transport hub construction project. Conclusion. Finally, the authors developed recommendations for socio-economic assessment of passenger transport hub construction projects, considering both the commercial and social effectiveness of their operation. The results of the research are valuable for regional authorities involved in urban transport infrastructure development and companies financing the construction of passenger transport hubs.