Under
the conditions of financial area globalization, organizations face an acute problem – how to find
the best instrument for
the financing of innovation and investment construction projects. The banking sector and
the securities market have accumulated sufficient financial assets that can be used to finance this kind of projects in
the sphere of construction with
the help of such instruments as investment lending, project financing, securities issue.
To justify the need to use the above-mentioned instruments in the construction industry, the authors have analyzed the approach and methods of fundraising of construction projects. The authors have presented the dynamics of the amount and rate of the financing of construction projects. Depending on the segment of construction, the authors have suggested a classification map of project financing instruments, depending on their timing, membership and possibility of implementation in the form of a public and private partnership. The benchmarking of instruments for the financing of innovation and investment projects has revealed their advantages and disadvantages, recommendations have been drawn up for choosing the optimal instrument for the financing of construction projects.
