متد های تعیین استراتژی سرمایه گذاری منطقه ای Methods of Determining the Region’s Investment Strategy

1. Introduction The country’s economic development is not possible without construction: people use construction products – buildings of various purposes – for living, working and other social needs. Correctly targeted construction investments contribute to country’s economic growth and sustainable development. Scientific and economic studies have shown a number of attributes for the evaluation of the sustainable development [1]. While most scholars agree that the concept of sustainable development is quite controversial as different interpretations of the concept of sustainability elements exist, one should not doubt the fact that investment is necessary to ensure the sustainable development [2]. However, the territorial planning is lacking the relationship of practical investment promotion and sustainable territorial development attributes [3]. To change the situation for the better, it is necessary to develop long-term comprehensive measures covering all aspects of socio-economic development of border regions and aiming to overcome their backwardness [4]. The framework of regional policies at all levels of government (national, interstate and local) should include the concept of multi-functional development of these regional entities [5]. In its most general form, the essence of this concept is moving away from mono-functional nature of the economy of backward areas and, if possible, including a greater number of different sectors and industries in order to achieve a higher outcome. At the same time, in the course of changes in the structure of those regions the on-going conversions must not assume a nature of random processes; they must be closely coordinated and based on the use of the most effective measures and solutions [10, 13]. Modernisation and diversification of the economy of those areas, i.e., endowing them with additional functions, which differ from traditional ones, will require the development of relevant integrated programmes, which enable more efficient growth of new sectors and industries not only relying on the potential of the region, but also on the resources of neighbouring territories, including those located in border states [11, 12].