Abstract
The article discusses the current problems of the road industry, ways to solve them and directions of efficiency. The essence of the effectiveness of capital investments in road construction is revealed. It is noted that in modern conditions the effectiveness of capital investments in road construction has a high socio-economic significance. It was revealed that there are five potential effects from the development of road construction. The essence and features of each effect are revealed. A more detailed analysis of the effectiveness of the development of road construction abroad and the role of government programs for the effectiveness of capital investments. The socio-economic effect of the development of the road network, which has a two-sided character, is considered. It has been established that the transport effect characterizes direct benefits for road users.
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