Assessment of the efficiency of investment in the region''s dairy industry fixed capital
<b>Subject</b> This article discusses the development of dairy cattle breeding and dairy industry of the Penza Oblast. <br></br> <b>Objectives</b> The article aims to assess the effectiveness of investments in the capital facilities of the dairy industry and the updating of its production capacity in the context of limited investment resources. <br></br> <b>Methods</b> For the study, we used monographic, abstract-logical, and analysis methods. <br></br> <b>Results</b> The article presents the results of the research in the field of investments in the fixed capital of agriculture of the Penza Oblast since 2008. <br></br> <b>Conclusions</b> Improving the efficiency of investments in fixed capital is possible on the basis of technical and technological improvement of production. It is necessary to change the structure of investments to increase the share of expenses for purchase of machinery, equipment, vehicles.