Page 152 - Theoretical and Practical Interpretation of Investment Attractiveness

The following expenses are planned to be allocated for the implementation of the
activities included in the action strategy 163 :
In 2017-2021, it is planned to implement 649 investment projects with a total value
of 40 billion US dollars. As a result, in the next 5 years, industrial production will increase by
1.5 times, its share in the gross domestic product will increase from 33.6% to 36%, and the
share of the manufacturing industry will increase from 80% to 85%.
37687.8 billion in total expenses. soums and 8349.3 million soums. US dollars
are allocated . From:
In national In US dollars,
Financing
No currency, thousand
sources
billion soums dollars
1. Funds from the state budget and state special funds 5,263.1 1,625.8
2. Funds from performers and charities 15,423.0 311,510.0
3. Commercial bank loans 16,941.2 -

4. Funds from international organizations, financial
60.5 8,036,157.8
institutions and unbiased assistance

It should be noted that in order to attract the attention of foreign investors, it is
necessary to resolve issues of increasing the investment attractiveness of the regions of our
country. According to experts at the Harvard School in the United States, factors such as the
created legal framework for foreign and national investors, the possibility of withdrawing
capital from the country, the stability of the national currency, the political situation in the
country, the level of inflation and the possibility of using national capital affect the assessment
of the investment attractiveness of the country 164 .
Over the years, the factors affecting the position of potential investors have changed.
In our opinion, in the conditions of modern globalization, the following important factors also
have a sufficient influence on investment attractiveness. These are: the economic system of
the country/region, macroeconomic indicators (GDP, economic structure, etc.), the state of
natural resources, infrastructure development, conditions created for the development of
foreign trade, government participation. in regulating the economy.
a list of countries acceptable and highly attractive for investors is published annually
on the official website of ATKearney 165 . Similar ratings, that is, indicators of investment risks
and reliability of countries, are published twice a year (in March and September) by

163 Decree of the President of the Republic of Uzbekistan “On the strategy of action for the further development of the
Republic of Uzbekistan” No. PF-4947 . // People's word. February 8 , 2017
164 Stobo R.B. How to analyze the foreign investment climate // Harvard Business Review. 1969. September-October.
165 Note : AT Kearney Company in 1926. Based in Chicago , USA. found _ Throughout its 85-year history, the company
has provided the best management consulting services. Official website: https://www.atkearney.com.
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