Academy of Strategic Management Journal (Print ISSN: 1544-1458; Online ISSN: 1939-6104)


Adapted Methodology for Assessing the Ecological and Economic Efficiency of Investments in Territorial Natural and Recreational Systems

Author(s): Altaibayeva Zhanat, Shelomentseva Valentina, Khamzina Sholpan, Mutallyapova Shynar, Bauer Maira, Amirova Maral

The main problem of the development of Territorial Natural Recreational Systems (TNRS) is the resource provision of modernization processes, which is impossible without investments. The TNRS area is not attractive to investors. This is due to the low profitability of investments because of the ecological and social orientation of investment objects, a long payback period and the need for costs to preserve and restore the integrity of natural ecosystems in the context of the targeted usage of specially protected natural areas. The limited resources, the need for significant investments in the development of such systems requires ensuring the efficiency of investments. The analysis of scientific works and practical experience in the development of natural and recreational zones, the study of methodological approaches to the assessment of investment projects made it possible to adapt the investment assessment methodology. The usage of this methodology will contribute to ensuring the ecological and economic efficiency of investments attracted for the development of Territorial Natural and Recreational Systems.

Get the App