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New Approaches to Substantiating Investment Choices in Water Transport Using Digital Technologies

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Part of the Lecture Notes in Networks and Systems book series (LNNS,volume 403)


Low investment activity in waterway transport sector can be explained by mismatched interests and actions of participants of investment process. This requires the development of a mechanism to substantiate investment choices. Multi-criteria method is used, which supports decision-making under uncertainty and provides for systematic coherence among all actors involved. In order to formalize the task, it is suggested to classify problem situations, link those to the investor’s approach to settlement of the problem, correspond those to the relevance of the generalized criteria for choice and rank the priority for parameters of multi-criteria choice that are part of generalized ones. In addition, for each type of situation a ratio of generalized criteria of choice reflecting the logic of the investor’s behaviour is developed. The procedure of investment choice comprises formulation of rating matrix through preliminary definition of evaluation criteria (that represents priorities of the interested parties) and alternative ways for assessment, which shall relate to the basic proposals from different parties of interest. Creation and use of common investment space contributes to transparency of the investment choice procedure. Use of digital technologies improves transparency of investment choice as a tool for decision-making, which facilitates actors to choose the investment project. In this respect, related parties reconcile their interests and reach system integration. This has a direct impact on the increase in investment activity in the industry.


  • Waterway transport
  • Investment process
  • Stakeholders
  • Investment choice
  • Multi-criteria analysis
  • Common information space
  • Digitalization
  • Digital technologies

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Trukhinova, O. (2022). New Approaches to Substantiating Investment Choices in Water Transport Using Digital Technologies. In: Manakov, A., Edigarian, A. (eds) International Scientific Siberian Transport Forum TransSiberia - 2021. TransSiberia 2021. Lecture Notes in Networks and Systems, vol 403. Springer, Cham.

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