Factors of Investment Attractiveness of Industrial Enterprise Development Projects

There is a long period of decline in investment activity in the Russian economy, despite the modern paradigms of intensive updating of processing and technically complex types of economic activity. Underfinancing of industrial projects occurs along with large volumes of capital exported by their owners abroad, including equipment depreciation funds, and the funds from the accumulation fund at enterprises are not formed in the proper amount. The relevance of the problems under consideration is caused by the need to ensure sustainable competitive positions of industrial enterprises and manufacturing entrepreneurship by attracting investment in technical development, industrial research and development, and implementing a catching up economic development scenario. The purpose of the study is to reveal the modern characteristics of the investment process in the Russian industry, to determine the impact of its unfinished restructuring, to systematize the factors that inhibit investment attractiveness of manufacturing industries. We used the methods of international comparisons, analysis of cause and effect relationships, meaningful economic interpretation of the investment process in the Russian and world economies. The research results are systemized factors determining investment activity in the Russian industry and directions for improving the investment process.