Page 226 - Theoretical and Practical Interpretation of Investment Attractiveness

Assessing the economic potential of regions based on these indicators helps regional
authorities quickly make decisions, as well as contribute to the development of regional
programs, as well as ensure the comprehensive development of regions.
9. It is important to solve the following methodological problems:
look at socio-economic potential and its components as an economic category and
an object of statistical research;
development of a system of indicators for determining the potential of a territory
based on the characteristics of the quantity of available resources, their composition, quality
and a number of other parameters;
creation of a methodology for assessing various elements of competence;
disappearance (decrease) of the socio-economic potential of the territory;
development of a methodology for reflecting cases of illegal and secret use of
territorial power;
creation of a methodology for the effective use of the socio-economic potential of
the region;
development of a methodology for determining the factors for the development of
the socio-economic potential of the region in market conditions and the degree of their
influence.
10. The methodology for assessing the investment potential of regions takes into
account the objective relationship between the investment attractiveness of a region and
investment activity in it, which allows us to identify problematic issues and indicators when
developing regional programs to improve the investment climate.
The investment environment is bilateral at the microeconomic level, that is, it is
reflected in the relationship between the investor and specific government bodies and business
entities. The investment environment is an objective situation for any specific time and
includes a set of conditions for investing capital. The investment environment is formed under
the influence of the management activities of government bodies. Therefore, the investment
policy of the state is considered one of the most important factors, and in the conditions of
Uzbekistan, this important factor should be the focus of regular attention.
11. They consider it appropriate to implement the following measures in order to
increase the place and status of Uzbekistan in the international arena, ensure its economic
development at a faster pace, expand the sources of income of the population, increase
opportunities for foreign trade , as well as further increase the investment attractiveness of the
regions:
b, firstly, to ensure the participation of Uzbekistan in a number of international ratings
and to implement socio-economic, political, legal and comprehensive measures against the
country’s low position in existing rating indicators;
secondly, to determine the factors influencing the attractiveness of the investment
environment and to accurately calculate the scale of their influence.

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