The importance of implementing a consistent policy of encouraging the development of industrial parks in Ukraine as a synergetic mechanism for stimulating investment and innovation activity, which has a systemic multi-purpose impact on the economy, contributes to structural and technological modernization and, at the same time, acts as a powerful engine of local and regional development. The essence of industrial (industrial) parks is highlighted, which will allow to carry out industrial modernization of the country and regions and restore the competitiveness of the national commodity producer in the global investment market. Features of mechanisms of state support of industrial parks in Ukraine and abroad are revealed. The mechanism of creation and functioning of domestic industrial parks with specification of models of management by such territorial entities in the context of world experience is proposed.
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