The multicriteria assessment of the territory planning process: the investment aspect

In the dissertation, the territorial planning process has been analysed with regard to the investment aspect. As is known, the effectiveness of an investment, which is determined by the macroeconomic situation of a country, stimulates its macroeconomic development. Different aspects of the relationship of economy and the construction sector were examined by scientists all around the world. The object of the work is the territorial planning as an integrated process, and the interaction of the governing legislation and investment processes in terms of infrastructure development. The aim of the work is to determine an efficient/rational course of the territorial planning process by performing a multipurpose assessment with regard to investment perspective, and to develop a conceptual model of territorial planning in order to render the planning process transparent and clear.

The dissertation consists of an introduction, three chapters, general conclusions, and the list of bibliography and the author’s related publications. The first chapter includes the discussion of the Lithuanian territorial planning system in the European context and a brief description of the basic planning principles in Germany and Poland. A review of the organisation of the territorial planning process in Lithuania showed that a uniform territorial development strategy is lacking, with a frequent failure to comply with the principle of sustainable development. Furthermore, the chapter includes the investment opportunities and risk analysis and a discussion of the selection of the efficiency assessment methodology.

In the second chapter, the author develops a methodology for the determination of investment strategies by carrying out an integrated analysis of the region. Following the analysis, three possible strategic development directions are identified for Vilnius district municipality to promote investment. In order to identify areas which are the most appropriate for expansion, performance assessment indices were introduced and the options analysis was conducted using methods based on quantitative measurements.

The third chapter includes the investment implementation risk analysis, and the comparison of the territorial planning processes in Lithuania, Germany and Poland. The comparison showed that not only general, but also detailed territorial planning principles in Lithuania are not sufficiently favourable to investors. Therefore, proposals were made to modernise phases of the territorial planning process, and a new conceptual model of territorial planning was developed. The evaluation of the model in question and an additional comparison with the aforementioned countries showed that the territorial planning process in Lithuania could be organised more efficiently.

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DOI: https://doi.org/10.20334/2126-M