Page 170 - Theoretical and Practical Interpretation of Investment Attractiveness

foreign investor of at least 5 million US dollars, corporate income tax, value added tax
(turnover of sales of goods, works, services), property tax, tax on improvement and
development of social infrastructure, single social payment, single tax payment, as well as
mandatory contributions to the Republican Road Fund and the Fund for Reconstruction,
Major Repairs and For the equipment of educational and medical institutions from the state
register of these enterprises established that it has the right to apply the rules and regulations
in force on the date of transition.
2. It has been established that within the framework of investment projects whose cost
exceeds 50 million US dollars and the share of a foreign investor is at least 50%, the necessary
external engineering and communication networks will be built outside the production area.
at the expense of budgetary funds and other internal sources of financing 177 .
Summarizing the above analysis and comments, it should be noted that in the context
of increasing modernization processes, the medium- and long-term investment strategy of the
state, aimed at solving the following tasks, is , in our opinion, the most effective way :
consistent implementation of structural changes aimed at ensuring high
competitiveness of the national economy;
support for leading sustainable industries that serve to increase the import and export
potential of the economy and also create high added value;
State support for sustainable investment projects aimed at developing the region’s
infrastructure sector;
ensuring the attractiveness of the investment environment in order to increase the
innovation and investment activity of local and foreign investors;
creating a favorable business environment that facilitates the organization of joint
projects based on high technologies and creating high added value;
aimed at developing human capital and achieving a high Human Development Index
as one of the assessments given by the UN to the multifaceted development of countries today.

If people decorate their photos, you decorate yours. When people
talk about other people's guilt, think about your own guilt. J. Rumi

4.3. Effective use of the resource potential of Uzbekistan: directions for increasing the
attractiveness of the investment environment and improving business

Society has always been consumerist. To satisfy the ever-growing demand of the
population for delicacies, continuous production is necessary. Investments are one of the
important means of ensuring such continuous reproduction.

177 Decree of the President of the Republic of Uzbekistan. On additional measures to stimulate the attraction of foreign
direct investment. Collection of legal documents of the Republic of Uzbekistan, 2012, No. 15, article 167; 2013, No. 12,
article 150.
167