Strategic planning of investments in the development of motorways and first class roads from the perspective of economic evaluation
Pavel Krupík ()
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Pavel Krupík: Czech Technical University in Prague, Faculty of Civil Engineering
No 12713402, Proceedings of Business and Management Conferences from International Institute of Social and Economic Sciences
Abstract:
The subject of this article is to describe how strategic planning of investments in the development of motorways and class I roads is currently carried out and what role economic evaluation plays in this process. The author uses data from 2014 to 2020 from the investor, the Road and Motorway Directorate of the Czech Republic. The author of this article would like to point out that from the point of view of strategic planning, the preparation of an economic evaluation is not a single and self-sufficient indicator. Certainly, it will give a hint whether or not to implement a project at all, but it does not help to determine which of the two projects to choose if the investor has limited finances.
Keywords: Strategic planning; economic evaluation; motorways; first class roads (search for similar items in EconPapers)
JEL-codes: R42 (search for similar items in EconPapers)
Pages: 6 pages
Date: 2021-10
New Economics Papers: this item is included in nep-ppm
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Published in Proceedings of the Proceedings of the 12th Business & Management Conference, Prague, Oct 2021, pages 41-46
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https://iises.net/proceedings/12th-business-manage ... 27&iid=006&rid=13402 First version, 2021
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Persistent link: https://EconPapers.repec.org/RePEc:sek:ibmpro:12713402
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