Strategic Investment Packages

Abstract

Regional disparities are still growing in many countries, both developed and underdeveloped, despite significant effort made. It seems a standard approach based on direct subsidies or project-type support is insufficient. Recently, new schemes have appeared, based on the place based approach. These schemes are many times referred to as integrated territorial investments, which replace classic individual projects. Integrated approach not just combines intervention from different fields but also yields in higher rentability of investments. Higher level of integrated territorial investments is represented by strategic investment packages, which combine the advantages of large infrastructure projects and smaller regional projects. However, this type of investments require high level of co-ordination and scientific and political effort.