Industrial parks as an instrument for attracting investment into the regional development of Ukraine

Анотація

The purpose of this study was to assess the potential of specialised production territories in stimulating Ukraine’s investment activity in the context of economic recovery after russia full-scale invasion since 2022. The methodology was based on a theoretical and analytical approach and included content analysis of regulatory documents, comparative analysis of Ukrainian and international models, statistical analysis of investment dynamics and case studies of individual industrial parks. The main results showed a significant increase in investment activity: the number of parks increased from 40 in 2019 to 99 in 2024, state support grew from a zero level in 2019 to UAH 1.1 billion in 2024, and the volume of private investment increased from UAH 500 million to UAH 4,600 million. The share of Ukrainian investors reached 90%, which indicates an internal reorientation of capital under wartime conditions. Industrial parks made it possible to reduce the time needed to launch production from 2-3 years to 6-9 months and to decrease infrastructure costs by UAH 15-60 million. Employment potential was estimated at 50 jobs per hectare, which can ensure 500-1000 jobs in the event of full launch of the parks. Comparison with the models of Poland, Turkey, South Korea and the United States showed that Ukrainian industrial parks, in terms of tax and infrastructure incentives, are converging with these approaches. The results obtained made it possible to identify Ukraine’s competitive advantages in the global system of investment attraction. The practical significance of the study lies in the fact that its results can be used by public authorities, local communities and investors for planning the development of industrial parks, optimising mechanisms for attracting capital and substantiating decisions on the location of new production facilities

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