Journal of Hotel and Business Management
Open Access

Abstract

On the Building Information Modeling of Capital Construction Projects Market Development

Olga vladimirovna bakhareva

Sustainable economic development of the construction industry in Russia is only possible with the application of modern BIM-technologies. The construction enterprises are facing a number of problems during the process of implementing new information technologies the main problems being: the lack of funding for business development under the conditions of protracted financial crisis within 2014-2016 time frame, as well as the lack of a national industry standard of working with BIM-technologies. The step-by-step introduction of BIM- technology in Russia is planned by the Government for the period up to 2018. We offer an economic mechanism of lower production and transaction costs of development as a result of the BIM-technology introduction, taking into account successful experience in the regional economy of the Republic of Tatarstan. In our opinion the practically well-proven mechanism of introduction of innovative technologies in regional economy in public construction companies, constructing infrastructure projects, and private construction firms and approbation in practice and summarizing the lessons learned will enable one to develop building information modeling services market and ensure the sustainable economic development of the construction industry in the region. The improvement of the efficiency and transparency of the building production will create conditions so that they attract domestic and foreign institutional investors which, in turn, will allow a business to implement strategic development program for the prosperity of the economy.

Published Date: 2021-01-29; Received Date: 2021-01-23