Special investment contracts – a legal means of stimulating regional development of investment relations

Relevance . The author considers this topic due to the fact that today the state is facing the task of creating a sustainable economy capable of being efficient and independent in the global market. Import substitution and stimulation of domestic producers in the sphere of industrial production, introduction of innovative technologies are very important for the fulfilment of this task, which is the focus of special efforts of the authorities. These directions are of great importance in the presence of anti-Russian sanctions by a number of unfriendly countries. The purpose of the study is to identify and solve problems related to the conclusion and execution of investment contracts at the regional level. Objective : the study are to clarify the role of the subjects of the Russian Federation in the implementation of special investment contracts. Methodology . The article is carried out on the basis of methods traditional for legal research, including universal (philosophical), general scientific, special and borrowed methods of scientific and legal cognition. Results . The positive aspects of the influence of investment contracts on the socio-economic development of the subjects of the Russian Federation have been revealed: the emergence of new jobs in the regions, attraction of investments, etc. It is established that the stimulation of investors to conclude special investment contracts favourably affects the state of the economy of the regions of the Russian state. Conclusion . The author's research has shown the necessity of making changes in the Russian legislation regulating the relations arising at the conclusion of special investment contracts.