Page 173 - Theoretical and Practical Interpretation of Investment Attractiveness

As for the labor force, which is one of the main indicators, 39% of the population of
our country is young people, 54% are people of working age, 7% are elderly people 186 . All
of the above conditions indicate the great investment potential of our country and the high
interest of foreign investors in such a country.
Thus, modernization of the economy , diversification of production, technical and
technological renewal of enterprises and organizations are unthinkable without investment
funds. The success of work in this direction depends on the correctness of the investment
policy pursued by the state and the correctness of the developed strategy for its effective
implementation.
It is known that without increasing the socio- economic potential of the country it is
impossible to fully satisfy the lifestyle of people and their needs. It is not enough to analyze
the concept of human development only on the basis of statistics and indicators of social
criteria such as education and health, gender development and poverty alleviation. If these
indicators do not include indicators such as savings, investment, production, consumption,
trade and technology, a complete picture of human development will not be formed.
using resources to meet the material and spiritual needs of people . Therefore, one of
the three main components of human development is well-being. The expansion of real human
freedoms must go hand in hand with human prosperity. This, in turn, requires increased
productivity and economic growth.
Modernization of the country's economy from a technological point of view makes it
possible to increase public accommodation and labor productivity, reduce the energy and
material intensity of the gross domestic product, radically improve the quality of products,
and create the material foundations for the transition of the economy to an innovative one.
development.
Modernization of the economy makes it possible to increase the share of finished
products using high technologies while simultaneously reducing the production of fuel and
raw materials and semi-finished products. Also, with a reduction in the share of raw materials
and fuel in the export structure, the share of finished, innovative products and services will
proportionally increase . As a result, the share of the “knowledge economy” in the country’s
gross domestic product will increase and innovative development of the national economy
will occur .
purposefully focus on the attractiveness, absolute and relative advantage of the
investment environment created in the country and its regions. Investors pay special attention
to these factors. When determining the investment attractiveness of regions, experts use
different methods. are used . _
The difference between them can be seen in the choice of indicators and indicators that
define the investment environment.
was calculated based on six elements. According to the data obtained, the investment
attractiveness of the regions can be divided into three groups (Table 4.3.1) .

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