Business cycles continue to last longer. They are increasingly being extended through active interventionist monetary and socio-economic policies. Implementations of large infrastructure and energy investment projects often require longer, long-term construction and implementation periods. Countries with large resources of production factors, including financial, human and technological capital can implement large investment projects in the public sector or as part of public-private partnerships. In China, for example, the modern technological metropolis Shenzen was built from scratch in China during the 30th anniversary. There are planned at least two similar large infrastructure and metropolitan projects, including a modern city, self-sufficient in crops and a significant portion of other commodities, a modern city that is to be built from scratch in a maximum of 30 years as a new technological development metropolis.
Were the countries and corporations of the highly developed Western countries able to draw inspiration from strategic management with large investment projects in the public sector that are currently implemented and designed in countries such as China?
Please, answer, comments.
I invite you to the discussion.
Best wishes,
Dariusz Prokopowicz
It is difficult to put current or recent China's projects as a source of inspiration for Western countries. Delta works is the largest public project in the Netherlands. It was accepted in 1958 and it was completed in 1997. The initial plan was for 25 years and the estimated costs -- 20% of the national GDP of 1958.
Very relevant question! Lead-times of large flood defences range from 1 to 3 decades. It is to be expected that lead-times will increase if worst case CC scenario's become more extreme and thus will call for planned adaptation.
Dear All, Dear Colleagues and Friends from RG,
Thank you very much for the answers to the question: For how many years can an investment project be planned as part of the strategic management of large investment projects in the public sector?
Very interesting considerations. A very inspiring and interesting answer. Thank you for confirming my theses on this issue. I, too, believe that the importance of long-term planning of strategic investment projects is important to economic development. Particularly high-budget investments in the public sector, as part of sustainable development, with financial support from the state's public finance system, should be implemented as part of long-term planning of strategic investment projects. In addition, state co-financing of the implementation of the pro-ecological transformation of the energy sector is an important element of the pro-ecological transformation of the traditional brown economy into a sustainable green economy / circular economy. Without long-term planning of strategic investment projects, it is practically impossible to carry out this pro-ecological transformation effectively.
What do you think about it?
Thank you very much and best regards,
Dariusz Prokopowicz
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