Page 227 - Theoretical and Practical Interpretation of Investment Attractiveness

12. Uzbekistan , it is advisable to publish an “Annual Statistical Map” of the
attractiveness of the investment environment of each region (region, city of Tashkent and the
Republic of Karakalpakstan) State Statistics Committee.
The following indicators can be included on this card:
- economic efficiency of investments;
- development potential of the territory;
- main components of tax policy;
- natural-geographical and infrastructural potential of the region;
- citizenship index. It covers structural indicators related to the social activity of the
population, management efficiency, access to education and healthcare, access to various
socio-economic information, their openness, closedness and cooperation of local authorities
with the population.
13. When assessing the investment attractiveness (IP) of territories , it is
recommended to carry out the following steps:
Selection of a system of indicators (factors) for assessing the general condition of
territories. At this stage, indicators (factors) that serve to determine the region's IP are
selected, and the level of their impact is determined.
Integral indicators assessed by the territory ID and justification for their
significance. At this stage, using correlation and regression analysis and econometric
modeling methods, the statistical significance of each influencing factor is calculated. The
level of influence of factors is determined on the basis of sample observations and testing of
hypotheses.
Evaluation of private indicators using a point system, calculation of the average
score of each individual factor. At this stage, the region's IJ is determined by calculating
scores for each factor. The level of impact and weight of each factor is assessed.
We make a final conclusion on the territory's IL. Brief conclusions about the
economic activity of the region have been drawn up, which are necessary information for
investors. This will create an opportunity to assess and compare the capabilities and socio-
economic potential of the regions. Using the scoring system, you can quantitatively and
qualitatively assess the IJ of a region. This, in turn, speeds up decision-making by regions for
investors and investments.
To do this, it is recommended to evaluate the territory using the following points: 2
points – the indicator fully satisfies the demand of investors; 1 point – the indicator partially
satisfies investor demand; 0 points – investors are not completely satisfied with the student.
14. In our opinion, it is most appropriate for the government to give priority to the
following basic principles for implementing investment policy:
regular improvement of legal, socio-economic and other conditions that ensure
widespread attraction of direct capital funds into the economy of the republic;
improving the system of providing benefits and preferences to foreign investors
who supply our republic with world-class technologies and contribute to the creation of a
modern economic structure;

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