Development of Transport and Logistics Infrastructure in Agrarian Business

Abstract

The paper deals with transport and logistics infrastructure in agrarian business. It provides a theoretical analysis of Russian and foreign scientists on the definitions of logistics activity, logistics infrastructure and one of its branch varieties -logistics activities of agricultural enterprises. Infrastructure as a branch of the national economy is highly costly and needs significant investments that have a long payback period. On the other hand, extensive infrastructure is an important contribution to investment attractiveness. The paper is concerned with the status and expected future development of the transport and logistics infrastructure of enterprises, including agrarian enterprises, which will provide insights into logistics and its adaptation to current economic transformations. Due to the fact that agrarian logistics infrastructure is of great importance to ensure effective economy, its development should rest on geographical, socio-economic, infrastructural, political and regulatory conditions. Moreover, some characteristics of a particular region accommodating logistics infrastructure facilities and logistics service providers in this region should not be ignored. The paper concludes that Russia will not be able to reach sufficient economic rates unless it establishes an advanced and constantly updated transport and logistics infrastructure both within the country and abroad, which would facilitate the effective movement of national domestic goods and services to markets both inside and outside the country.