Project financing in construction: essence, assessment of opportunities, stimulation

This article is devoted to the essence, assessment of opportunities and stimulation of project financing in Russia in the face of uncertainty. The paper considers the main aspects that influenced the development of project finance: the policy of the Bank of Russia in the field of mortgage lending and the impact of the use of escrow accounts on the project finance market. Within the framework of the first aspect, based on the analysis and selection of data, the relationship between mortgage lending rates and the volume of mortgage loans issued was revealed, based on the available data, a forecast was made of the dynamics of project financing. To study the impact of the use of escrow accounts on the project finance market, it is considered in statics and dynamics, which made it possible to assess the opportunities and incentives for project finance in Russia. On the basis of the study, methods are proposed to reduce the level of riskiness of project financing transactions in Russia.