STRATEGIC FUNDAMENTALS OF INVESTMENT SUPPORT OF TERRITORIAL COMMUNITIES

Abstract

In the process of decentralization reform, united territorial communities have been entering a new stage of their development. They have received the authority, investment resources, are responsible to theirresidents for the formation of a comfortable and safe living environment.This requires predictable and motivated community development. Based on the results of socio-economic analysis, SWOT-analysis is necessary now basic competitive strategy for the development of local communities, taking into account the investment component, which would provide the formation of competitive advantages of the community by minimizing the impact on the development of weaknesses and in the world. At the same time, the community should make the most of its strengths. Today in Ukraine the normative-legislative basis for regional development has been formed, which as a whole corresponds to the best European standards. Currently, a state strategy for regional development has been developed, which has been very closed in structure to similar documents of the European Union member states. Based on the study on the example of Mlynivska OTG, a plan of strategic development of Mlynivska OTG has been proposed which will allow to implement a fundamentally new approach to planning, investing and managing economic development. The differences of such a plan are the reflection and realization of the interests of the territorial community, a systematic approach to solving development problems. The strategic community development plan includes measures for short-, medium- and long-term investment. As a result of the decentralization reform, local communities have gained better opportunities for the development of their territories, the creation of modern medical, educational, transport, housingand communal infrastructure, as well as prospects to improve the lives ofcitizens in each locality.