Page 139 - Theoretical and Practical Interpretation of Investment Attractiveness

Clippings at a level that is not our power,
but the amount that add strength to eat and drink. Tsitseron

4-CHAPTER. THE MAIN DIRECTIONS OF IMPROVING THE INVESTMENT
ATTRACTIVENESS OF THE REGIONS OF UZBEKISTAN

4.1. Also in the interpretation of the investment environment to attract foreign
investment charm to modern issues for the improvement of the system

It is crucial to attract foreign investments to improve the economy of our country, to
establish and reconstruct new enterprises equipped with modern equipment and technologies.
First of all, this provides an opportunity to solve important social problems, such as
employment of the population, increasing its income. For this reason, economic and financial
stimulation of enterprises attracting foreign investments to our country, creation of necessary
conditions for them, raising it to the level of state policy is considered acceptable in all
respects. It is impossible to carry out structural changes in the economy, to modernize
production in technical and technological terms, as well as to launch the production of
competitive products without introducing foreign investments into the leading branches and
sectors of the country's economy.
The importance of foreign investments in the development of the national economy is
explained by the following:
- introduction of modern techniques and technologies to local production is provided;
- modern professions that are new for the economy of the republic will appear,
additional and new jobs will be created, the number of jobs in the economy will increase, and
the income of the population will increase;
- the possibility of ensuring the standard standard of living of the population and
meeting their socio-economic needs will increase;
- production of export products will expand. This, in turn, leads to an increase in
foreign exchange earnings;
- the production of goods and services that replace imports will be launched (foreign
currency outflow will be prevented);
- morally and physically obsolete production capacities of enterprises and
organizations are removed from consumption, the material and technical base is updated, the
productivity of resources increases.
Taking this into consideration, priority is being given to direct foreign investments in
the implementation of programs for deepening structural changes, accelerating investment
activities of real sector enterprises, modernization of production, and technical and
technological rearmament in our country. For this, first of all, it is necessary to ensure the
attractiveness of the country's investment environment.

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