Page 108 - Theoretical and Practical Interpretation of Investment Attractiveness

Analysis of indicators related to the state of human capital, technical and technological
development of the region, the number of inventions and their shares per capita are considered
pressing issues in the innovative development of regions and its assessment. In this regard,
one of the main tasks of researchers conducting research in this area is to adapt advanced
scientific and methodological experience obtained in developing countries in assessing the
level of regional development to the conditions of Uzbekistan and develop practical
recommendations.
the socio-economic potential of the region, the economic resources available in the
region, the intellectual potential of the region and the degree to which this potential is used in
practice, the possibilities of using the resource potential of the region in the technical and
technological aspect, as well as the development of various regional programs based on the
volume of available resources, etc. It is advisable to take a number of factors into account.
After all, the study of generally recognized and practice-proven developments and
understanding of their essence ensures the effective development of regional programs and
concepts dedicated to the integrated development of regions.

Staying faithful and sincere is as beautiful as a mountain
holding snow. Confucius

3.2. Methodology for assessing investment potential directions

One of the most important tasks of the socio-economic development of Uzbekistan is
the creation of favorable conditions for enhancing economic growth and improving the
standard of living of the population. A necessary condition for the implementation and
provision of this task is to increase the investment potential of the regions of the republic and
the successful implementation of this process, the geographical location of the regions, the
availability of natural resources, their reserves, the number, age and qualifications of labor
resources, as well as the level of specialization that has been maintained in the region for
several years. years, taking into account a number of factors, such as the state of infrastructure,
is one of the main conditions.
When correctly determining the potential of the country's regions, the investor makes
a decision based on the region's development strategy, the income of the population, as well
as how comprehensive measures implemented by local governments are compatible with
market relations.
The combination of mutual interests of investors and government bodies influences the
methodology for assessing the investment potential of the region. This, naturally, is reflected
in determining the final price of the plot offered for investment by the investor. Focusing on
certain final goals in different methodologies gives rise to different interpretations and
different understandings of the investment attractiveness of the region.
Among economists, several concepts and definitions are mentioned regarding the
content of the region’s investment potential. In particular, this concept is considered to be
105