Scholarly record
LEGISLATIVE AND ADMINISTRATIVE PROBLEMS BEFORE INVESTMENT PROJECTS IN BULGARIAN BLACK SEA COASTAL ZONE AND INLAND BASINS
Abstract
An analysis of the factors that affect implementation of investment plans for a construction of engineering structures in coastal area is presented. The report attempted to clarify the legislative and administrative problems in the design and implementation of quality investment projects. There are a number of generally valid requirements and prerequisites for projects that directly affect their level of efficiency and effectiveness. There is need a profound analysis of the influence of real political, economic, social and technological environment in which the project is implemented. Secondly, it is necessary to complete self-study and assessment of possible risks to the project implementation. Thirdly, an analytical research and quantitative assessments of the strengths and weaknesses of the project actual potential is needed. Fourthly, it is necessary to comply with certain requirements for technology development, management and project implementation. A subject of the report is to investigate the legislative and administrative difficulties, which negatively affect technology development, management and implementation of projects in those specific geographical regions as coastal areas. As a result of the analysis one variant of optimization procedure for design and implementation of investment designs is offered.
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