Journal of Urban Economics and Management

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The expansion of urbanization and the increasing need of cities for sustainable financial resources have doubled the importance of domestic and foreign investment in urban management projects. Legal security, transparent legal frameworks, and a coherent contractual system are considered to be the most important factors affecting capital attraction. This research analyzes the legal protections necessary for attracting investment in urban projects using a descriptive-analytical method and by examining sources of public law, economic law, international documents, and the experience of countries. The results show that the existence of predictable laws, ownership guarantees, a reliable dispute resolution system, and the acceptance of international standards play a pivotal role in reducing investor risk. Suggestions such as the formulation of a comprehensive urban investment law, reforming the legal structure of partnership contracts, strengthening domestic and international arbitration, and improving the transparency of municipalities have been presented.

Keywords: Legal protections, domestic investment, foreign investment, urban management, urban financing, property rights security, legal frameworks, capital attraction, urban contracts, comprehensive urban management law

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