INVESTMENT IN TRANSPORT INFRASTRUCTURE AS KEY DETERMINANT TO BOOSTING TECHNOLOGICAL-INDUSTRIAL DEVELOPMENT ZONES IN REPUBLIC OF MACEDONIA

  • Riste Temjanovski
  • Janka Dimitrova
  • Olivera Gorgieva Trajkovska

Abstract

Transport infrastructure represents one of the most important human activities in each country. It is an indispensable component of the economy and plays a major role in spatial relations between locations, countries and major geographic areas. Transport infrastructure is highly effective to manage and planning Foreign direct investment (FDI) location choices.

In order to create a favorable investment environment and to encourage foreign investors to invest in Macedonia, in last decade was paid especially attention to modernize road infrastructure and rehabilitation of existing roads, especially at the time when our country was the center of attention of foreign investors. Within this context, specific attention is paid on transport infrastructure abilities to improve their environmental and socio-economic performances of attracted the investigations in Technological–Industrial Development Zones (TIDZs). Technological–Industrial Development Zones (TIDZs) have been developed during the last two decades in many regions in the country to foster economic development and reduce the rate of unemployment.

This paper presents structural analyzing study from Macedonian’s experiences on Technological–Industrial Development Zones (TIDZs), encompassing ambitious industrial projects to boosting economic development in regional and state aspect. The main focus are given for four Technological Industrial Development Zones, based on location factors abilities and economic developed criteria, different combinations of transport infrastructures measures, business models and best practices and experiences.

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Published
2016-12-27
Section
Economics (Microeconomics, Macroeconomics, International Economics)