Page 175 - Theoretical and Practical Interpretation of Investment Attractiveness
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The first group includes the city of Tashkent, Tashkent, Kashkadarya, Andijan and
Fergana regions and they are the most convenient for investors (index 0.755-0.347).
The high level of investment attractiveness of these regions is determined by the
natural and economic potential, infrastructure, including the level of development of transport
and information and communication networks.
The second group consists of Samarkand, Bukhara, Navoi and Namangan regions
(index 0.322-0.288). These areas are determined by the interest of foreign investors in the
work of mining and processing enterprises.
The third group included relatively less developed regions - Khorezm, Surkhandarya,
Jizzakh, Syrdarya regions and the Republic of Karakalpakstan (0.284-0.234). State
participation in attracting foreign investment to these regions should be high.
Assessing the investment environment: meaning and interpretation of the
international “doing business” rating . The World Bank Group's annual Doing Business
report has been published since 2003. It is located in the countries of the world :
1. Business activities ; _ _
2. Features of business management;
3. Assess existing restrictions for doing business.
The report provides an assessment of regulatory standards in areas of business activity
in the life cycle of private enterprises. If in the initial period conditions and opportunities at
the level of business behavior of private sector entities were assessed in 108 countries using
five indicators, now a report is being prepared for 190 countries around the world .
December 25, 2016 In October, the World Bank Group released the 14th report in its
annual series of reports measuring the legal frameworks that support and hinder business,
Doing Business 2017: Equal Opportunities for All, to the general public. In the updated
ranking, Uzbekistan dropped by 5 positions out of 190 countries, from 82nd to 87th place.
But this decrease occurred due to 283 reforms implemented in 137 countries, changes in rating
methods and evaluation parameters. In turn, this indicator does not mean that the business
environment in Uzbekistan has worsened compared to last year.
Despite this, the reason for Uzbekistan’s fall in the overall ranking is mainly related to
ranking indicators in the following areas: 5 places in connection to electricity grids (from 78th
place to 83rd place), 5 places in insolvency resolution (from 72nd place ). place to 75th place),
opening a business There was a decrease by 2 places (from 23 to 25 place), 2 places (from 42
to 44 place) and 1 place (from 37 place to 38 place) in the execution of contracts.
Positive results were noted in the following areas: obtaining construction permits
(147th place) remained unchanged; 8 places for the protection of minority investors (from 78
to 70 places); 6 places in property registration (from 81 to 75 places); There is 1 step forward
in paying taxes (from 139th to 138th place) and 1 step forward in international trade (from
166th to 165th place).
A positive change in property registration has been achieved as a result of increased
transparency of information in this area. Improvements in ownership and control structures
in Uzbekistan have led to increased protection for minority investors. The payment of a single
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