Analysis of the effectiveness of the implementation of investment projects projects of the eaeu regions

Relevance. The Eurasian Economic Union (EAEU) is the most important instrument of cooperation between Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan, as well as the most important strategic entity in the context of modern geopolitical realities. It is in such an unstable period that joint cooperation is an integral feature of the long-term development of the member states of the union. The article examines the processes of development and implementation of the largest construction projects within the EAEU, as well as examines the issues of financing these projects, and evaluates the effectiveness of their implementation for each participating country.

The purpose of the work is to identify the role of the EAEU in the development of the participating countries, their points of contact and cooperation.

Objectives: to analyze the volume of completed construction works of the EAEU member states, the number of housing squares commissioned on the territory of the EAEU; to estimate the amount of investments invested in the largest investment projects of the EAEU in the participating countries.

Methodology. The basis of the study is the database of the official portal of the Eurasian Union and the Shanghai Cooperation Organization. The materials of Russian and foreign experts published in the official publication of the Eurasian Union "Bulletin of the EEA" were also used in this study. Methods of comparison, synthesis and analysis of information resources were used in the study. Results. The unified strategy for the economic development of the EAEU member states, taking into account internal and external challenges, is implemented mainly through the active development and development of the largest investment programs throughout the Union.

Conclusions. The active work of the EAEU brings tangible benefits and advantages to each member country of the union through the exchange of technologies, production experience and resources, as well as through the development of transport infrastructure. At the same time, questions remain about the sufficiency of the contribution of specific States to joint development, since some of them do not have a sufficient level of development and a sufficient amount of natural resources.

1. Baburina O.N. World economy and international economic relations. Moscow: INFRAM; 2021. 275 p. (In Russ.)

2. Partansky A.P. The global trend of regionalism and integration in the CIS. Mir peremen = World of Change. 2021;(2):79‒85. (In Russ.)

3. Zhuravleva G.P., Tutaeva D.R. The EAEU as a new stage of international integration. Vestnik Rossiiskogo ekonomicheskogo universitetata = Bulletin of the Russian University of Economics. 2018;(4):190‒196. (In Russ.)

4. Gospodarik E.G., Kovalev M.M. EAEU-2050: global trends and Eurasian economic policy. Minsk: Izdatel'skii tsentr Belorusskogo gosudarstvennogo universiteta; 2015. 151 p. (In Russ.)

5. Professor Eremina: The EAEU as an economic union has already fully taken place. (In Russ.) Available at: https://eadaily.com (accessed 02.05.2024).

6. Bulletin of the Economy of the Eurasian Union 2022. (In Russ.) Available at: https://eurasianmagazine.ru (accessed 22.05.2024).

7. Kashbraziev R.V. The integration effect of the EAEU. Vestnik ekonomiki, prava i sotsiologii = Bulletin of Economics, Law and Sociology. 2019;2(3): 63‒66. (In Russ.)

8. Construction. EAES. (In Russ.) Available at: https://eaeunion.org (accessed 22.05.2024).

9. Maksakova M.A., Filippova A.V. The EAEU Foreign Economic Agenda: new opportunities and prospects. Ekonomika i upravlenie: problemy, resheniya = Economics and Management: Problems, Solutions. 2019;1(10):32‒39. (In Russ.)

10. OECD. (In Russ.) Available at: https://oecd.org/ (accessed 02.05.2024).

11. Special Projects of the EAEU. (In Russ.) Available at: https: //eaeunion.org (accessed 22.05.2024).

12. Trade Agreements of the Eurasian Economic Union. EAEU. (In Russ.) Available at: https://eaeunion.org (accessed 22.05.2024).

13. Partansky A.P. The global trend of regionalism and integration in the CIS. Mir peremen = World of Change. 2021;(2):79‒85. (In Russ.)

14. Makarov I.A. World Economy in 2022: fundamental problems of development. (In Russ.) Available at: https://interaffairs.ru (accessed 30.05.2024).

15. Garashchenko E.A. The Common Economic Space of the EAEU: features of formation and prospects for development. Vestnik Belorusskogo gosudarstvennogo ekonomiche-skogo universiteta = Bulletin of the Belarusian State University of Economics. 2017;(4):12‒17. (In Russ.)

16. Bulletin of the Economy of the Eurasian Union 2021. (In Russ.) Available at: https://eurasianmagazine.ru (accessed 22.05.2024).

17. Partansky A.P. The global trend of regionalism and integration in the CIS. Mir peremen = World of Change. 2021;(2):79‒85 (In Russ.)

18. Ganeeva M.V. Economic security of the integration association. The experience of the Eurasian Economic Union. PhD Dissertation. Moscow: Rossiiskii universitet druzhby narodov; 2017. 33 p. (In Russ.)

19. INF: EAEU: from deceleration to deepening. (In Russ.) Available at: https://russiancouncil.ru (accessed 02.05.2024).

20. Vinokurov E.Y., et al. Eurasian Economic Union. St. Petersburg: Evraziiskii bank razvitiya, Tsentr integratsionnykh issledovanii; 2017. 287 p. (In Russ.)