Article 3 #1'2026

View of the Article PDF: 03_Bezuhlyi_Komar

© Artem Bezuglyi, PhD in Economics, Associate Professor, Director, ORCID: 0000-0003-3883-7968, e-mail: ab@nidi.org.ua; © Viktor Komar, Head of the Center for Enterprise Activity Support, ORCID: 0000-0002-2634-9257, e-mail: v.komar@niri.org.ua (SE “National Institute for Infrastructure Development”)

PUBLIC INVESTMENT PROJECTS AS A MODERN TOOL FOR RESTORING UKRAINE’S TRANSPORT INFRASTRUCTURE

DOI: 10.33868/0365-8392-2026-1-286-13-19

Abstract. The restoration of Ukraine’s transport infrastructure is defined as a priority direction of post-war reconstruction and a relevant direction for ensuring the social and economic state of society. The undeniable relevance and priority of the restoration and reconstruction of transport infrastructure requires the search for effective tools and modernization of the organizational and economic mechanism of restoration. The purpose of the work is to determine the potential of public investment projects as a modern tool for restoring Ukraine’s transport infrastructure. The foreign experience of postwar restoration of transport infrastructure and sources of financing is summarized. The relevance of developing a mechanism for alternative financing of the restoration of transport infrastructure is determined due to limited budget funding, ineffectiveness of infrastructure bonds and other institutional restrictions. The potential of public investment projects as a modern tool for the restoration of the transport infrastructure of Ukraine is confirmed, which has the advantage of focusing on assessing the effectiveness and efficiency for society, a high level of publicity and transparency, and public control at all stages of the investment project. According to the results of the DREAM analytical module, projects in the “Transport” sector are identified as priority, inferior in cost indicators only to projects in the “Energy” sector. The hypothesis of the successful implementation of existing public investment projects on the DREAM as a precursor to the restoration of the transport infrastructure of Ukraine with the involvement of international organizations, governments of foreign countries, and private investors is substantiated. Keywords: transport infrastructure, transport infrastructure restoration, public investment projects, “Build Back Better” principle, DREAM.

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Date of first receipt of the article: 15.02.2026
Date of acceptance for publication: 15.03.2026
Date of publication: 31.03.2026