Regional investment project portfolio modeling (based on materials from the Far Eastern federal district)

Regional investment projects (RIP) are implemented in accordance with the strategy of regional development. Such projects have a significant impact on the socio-economic parameters of the region. The federal government is interested in supporting such projects to reduce spatial differentiation. Public resources are limited, so it is necessary to select the most effective RIPs. Correct selection of RIPs determines the effectiveness of support programs. The article researches the programs of state support of RIPs in the Russian Far East. Development if this macro-region is one of the most important goals for the Russian Government. Consequently, a wide variety of investment support programs have been launched in the Russian Far East. Funding support programs have been analyzed in terms of project selection methodology. As a result, the shortcomings of these methodologies have been identified. The article suggests a methodology based on forming a portfolio of RIPs. The advantage of this methodology is increasing the effectiveness of support programs. Hence, using of this methodology increases the probability of achieving the planned socio-economic indicators, that the government relies on while providing funding for RIPs.