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Strategic planning of investments in the development of motorways and first class roads from the perspective of economic evaluation

Author

Listed:
  • Pavel Krupík

    (Czech Technical University in Prague, Faculty of Civil Engineering)

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.

Suggested Citation

  • Pavel Krupík, 2021. "Strategic planning of investments in the development of motorways and first class roads from the perspective of economic evaluation," Proceedings of Business and Management Conferences 12713402, International Institute of Social and Economic Sciences.
  • Handle: RePEc:sek:ibmpro:12713402
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    References listed on IDEAS

    as
    1. Gang Kou & Yanqun Lu & Yi Peng & Yong Shi, 2012. "Evaluation Of Classification Algorithms Using Mcdm And Rank Correlation," International Journal of Information Technology & Decision Making (IJITDM), World Scientific Publishing Co. Pte. Ltd., vol. 11(01), pages 197-225.
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    More about this item

    Keywords

    Strategic planning; economic evaluation; motorways; first class roads;
    All these keywords.

    JEL classification:

    • R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning

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    This paper has been announced in the following NEP Reports:

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