The article highlights the importance of creating and operating the special economic zones in Russia in order to increase the investment attractiveness and competitiveness of the entities and strategically important industries in the Russian Federation. Traditionally, shipbuilding has been a priority economic activity in the Astrakhan region, which has led to creating an industrial special economic zone Lotоs, whose purpose is defined as formation of a local chain of shipbuilding and machine-building products in the south of Russia. The effectiveness of special economic zones is an integrated characteristic of the management company's ability to achieve the goals 
 of creating and operating a special economic zone. As a result of the analysis of investment attrac-tiveness of the industrial special economic zone Lotоs, the problem areas of the management company's activities were identified: creating infrastructure facilities and attracting residents and investors. The substantial characteristic of investment projects of the residents (type of economic activity and its compliance with the objectives of the industrial special economic zone Lotоs, expected period and volume of investment, employment status, level of multiplicative effect on the regional economy) allowed formulating a conclusion about the necessity of differentiation of the state support for the investment projects of residents. There have been given the substantial characteristics of the projects of the residents: Shipbuilding Plant Lotos, JSC; Hexa-Lotos, LLC; Svoi, LLC; MedInTech, LLC; Atef-Russ, LLC; Marine Composite Shipbuilding, LLC; InProect, LLC; Protelux Lotоs, LLC; Stroyliderplus Lotоs, LLC; Helios Systems, LLC; Azka Composite, LLC; Naval Design International, LLC; Roza, LLC, etc. There have been offered the recommendations for the management company on developing a strategy for attracting residents and investors and establishing special preferential treatment for investment projects that are of strategic importance for the development of the regional economy and international cooperation are proposed.
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