INVESTMENT POLICY AND RISK FACTORS MAKING INFLUNCE AT PROJECTS

In the terms of market economy it appeared inevitable to renovate all the fields. This problem is mostly vivid in industrial sector which requires full transformation, creation of a new system and development. In investment policy the special place has concept about mutual communication between incomes and risk level which implies direct proportional dependence between those two categories. Investments provides continuation of product manufacturing, it supports carrying manufacturing, innovative and social projects, it plays role in increasing production volume and efficacy of further public production. In the terms of economic crisis investments are the most important possibility for transformation of socio and industrial potential and subordination of it under the market. The classification of basic stages of investments in market economy terms gives the possibility to determine state regulation directions of this whole process. It is worth mentioning that planning macro-economic parameters at recent and forecasting stages are based on two basic factors one of which is increasing foreign investments. This process should be based on appropriate changes of fiscal policy, structural and institutional reforms in order to provide long-term growth with the help of financial-banking system at the basis of temporary revival of economy. Investment environment in a certain countrythis is what is principally important in investment policy. If it is possible to create investment project market in Georgia it will be interesting for investors in case if average incomes from these investments will exceed incomes of the other markets.