Industrial parks as a tool of regional development

parks in Ukraine.
The purpose of the study is to theoretically substantiate the essence of industrial parks and their
role in ensuring the development of the regional economy.
Research methods. The dialectical method of scientific cognition, analysis, method of comparison
and generalization of data are used in the work.
Results of work. The article clarifies the essence and basic requirements for the creation of
industrial parks, defines the legal basis for their operation. Tax instruments to support the development
of industrial parks in the world are analyzed. The state of financing of industrial parks in Ukraine is
considered. It is established that Ukraine has developed a fairly broad institutional framework for the
creation and operation of industrial parks, as well as declared a system of tools for state support
and stimulate the development of industrial parks. It was found that most of the existing project
proposals and developed concepts of industrial parks in Ukraine are unrealized, and the development
of a network of industrial parks is a more declarative rather than effective tool to influence the socio–
economic development of regions, increase their competitiveness. It is established that the expected
results of the functioning of industrial parks in Vinnytsia significantly affect both the local level and the
development of the region as a whole. The positive financial and economic, social and town–planning
effects of the functioning of industrial parks in Vinnytsia for the economy of the region are outlined. The
problems that accompany the creation of industrial parks in Ukraine have been identified. It is proved
that the development of industrial parks is an effective tool for attracting investment, which allows
to improve the investment image of the city, increase the competitiveness of the territories, gives
impetus to the development of modern production and market infrastructure.
Field of application. Innovation management, regional economy, economic policy of the state.
Conclusions. The results of the study allow us to state that the development of industrial parks
creates an opportunity to fully unleash the investment potential of the regions. First of all, the industrial
park concentrates industrial production outside the historic city center and residential areas.
Conclusions. The results of the study allow us to state that the development of industrial parks
creates an opportunity to fully unleash the investment potential of the regions. First of all, the industrial
park concentrates industrial production outside the historic city center and residential areas.
Conditions are being created for high–tech production and production of high value–added products,
merging production into clusters, which gives impetus to the development of SMART–specialization in
the region. For the state and local communities, industrial parks provide socio–economic development
of the respective territories.