IMPROVEMENT OF MECHANISMS FOR ALLOCATING LAND FOR LARGE INVESTMENT PROJECTS IN THE CONDITIONS OF CLUSTER ECONOMY

This article examines the theoretical, legal, and institutional foundations for improving land allocation mechanisms for large-scale investment projects within the framework of cluster economy development. The study scientifically analyzes the effective use of land resources in enhancing investment activity, increasing regional economic potential, and regulating land relations under cluster-based economic systems. Furthermore, the research evaluates the impact of bureaucratic barriers, legal uncertainties, and institutional constraints arising in the process of land allocation for major investment projects on the stability of the investment environment. The article also highlights priority directions for digitalizing land allocation procedures, ensuring transparency through electronic platforms, allocating land resources based on economic efficiency criteria, and expanding public-private partnership mechanisms by considering advanced foreign practices. As a result of the research, scientific and practical recommendations aimed at increasing investment attractiveness, accelerating regional economic development, and ensuring rational use of land resources in cluster economy conditions have been developed.