Abstract

The issues of renovation of industrial territories in single industry towns on the basis of industrial parks at the current stage are considered in this paper. The development of a new service industry - industrial parks – has started in Russia less than 10 years ago and gradually acquires a systemic character. However, the gap with the countries of America, Europe and Asia remains very significant. Dozens of new initiatives to create industrial parks of various forms of ownership have appeared in Russia in recent years. However, most areas of Russian industrial parks remain vacant against the backdrop of existing unmet demand for prepared sites and related services for the location of manufacturing plants. One of the main problems of the industry is that the quality of many industrial park projects announced in the country does not meet the requirements of investors - potential residents.

Highlights

  • The issues of renovation of industrial territories are highly relevant for many Russian towns

  • Among industrial parks organized on the site of existing facilities, two parks were created by the Russian authorities and 12 are private

  • There have not been significant projects for the development of industrial parks in single industry towns

Read more

Summary

Introduction

The issues of renovation of industrial territories are highly relevant for many Russian towns. A rich experience of the revitalization of industrial and urban areas has been accumulated [1] Such complexes were not created in Russia until recently due to the long payback periods of such innovative projects and the ambiguities with the filling of the project by residents. Such areas are of interest to the companies that do not plan to build their own production facilities due to limitations in the starting dates of supply or because the financial model of the business doesn’t provide for construction costs

Methods
Results
Conclusion

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.