Innovative approach to management of road construction in the Kyrgyz Republic

The issue of using innovations in the road sector is very relevant, since the quality of roads and its consumer properties depends on the economic growth of the Kyrgyz Republic, where roads are the main routes of communication both within the country and with other countries. Modern roads built with innovative technologies will improve road safety, become more durable and will meet international standards. The introduction of innovations should be based on the study of the experience of the near and far abroad, in particular the Russian Federation, Kazakhstan, the improvement of the regulatory and legal framework and management of road construction. The article considers innovative approaches to management of road construction (hereinafter referred to as RC) of the Kyrgyz Republic, since the existing control system for RC was developed in the last century and does not meet the modern economic needs and operational requirements. Factors determining the need for an innovative approach to RC management in the Kyrgyz Republic are considered. Factors determining the need for an innovative approach to the management of the RH of the Kyrgyz Republic are considered. Innovative approaches to RC management in the Kyrgyz Republic are determined: updating the RC management technologies, methods of organizing RC and managing financial and economic indicators of RC. The sequence of the innovative process of implementing the RC management is proposed. The key point of the innovative approach to RC management is selecting the sources of funding for RC. The current system of financing does not significantly enhance the innovative activities in the road sector of the Kyrgyz Republic. As an innovative source of financing, the article considers the formation of an innovative Road Fund with sources and mechanisms indicated and a public-private partnership. The need for forming and actively using the innovative Road Fund with sources and mechanisms indicated in the Kyrgyz Republic is due to the fact that in recent years, the construction and reconstruction of highways in the Kyrgyz Republic have been financed mainly through foreign loans that increase the state's external debt.