ORGANIZATIONAL AND ECONOMIC MECHANISM FOR SUPPORTING INVESTMENT AND INFRASTRUCTURE RECOVERY PROJECTS OF TERRITORIAL COMMUNITIES IN UKRAINE

Abstract

The article examines the theoretical and methodological foundations and practical instruments for developing an organizational and economic mechanism to support investment and infrastructure recovery projects in Ukrainian territorial communities. The relevance of the study is determined by the growing scale of Ukraine's reconstruction needs, the transition from a reactive “damage repair” model to a systemic territorial development model, and the necessity to integrate public, municipal, private, and international resources within a unified project framework. The purpose of the study is to develop an integrated organizational and economic mechanism capable of transforming strategic community needs into financially, institutionally, and managerially prepared recovery project portfolios. The research is based on institutional analysis, a systems approach, comparative analysis of legislative and policy documents, content analysis of contemporary scientific literature, and a case study of the Carpathian region. The findings demonstrate that the current institutional architecture of recovery is being shaped through the interaction of the State Regional Development Strategy, the Ukraine Facility, the renewed public-private partnership (PPP) legislation, the DREAM digital ecosystem, and international technical assistance programmes that strengthen local government capacity. It is established that the basic unit of recovery should not be an individual infrastructure object but a municipal project portfolio structured by project readiness, financing sources, socio-economic impact, and implementation risks. The study proposes the author's interpretation of the organizational and economic mechanism as an integrated system of institutions, stakeholders, regulatory rules, financial instruments, digital services, and coordination procedures ensuring project preparation, selection, financing, implementation, and monitoring. Six interrelated components of the mechanism are identified: strategic, institutional, financial, digital, socio-human, and monitoring and control. Particular attention is paid to integrating veterans' reintegration, education, human capital development, business relocation, clustering, and smart specialization into the recovery process. Based on the Carpathian region case, the study demonstrates that an effective recovery model should combine infrastructure resilience, local entrepreneurship, cross-sectoral partnership, universities, civil society, and digital transparency. The scientific novelty of the research lies in developing an integrated organizational and economic mechanism for supporting community recovery projects based on the principle “from portfolio needs – from portfolio to financing – from financing to impact”. The practical significance of the study lies in the possibility for local governments, regional development institutions, project offices, universities, and international donors to apply the proposed approach to develop recovery portfolios, prepare investment-ready projects, and improve project management practices for territorial development.