Karimkulov Jasur Imomboevich
Tashkent Institute of Finance, Doctor of economic sciences, Professor,
Tashkent, Uzbekistan.
email: [email protected]
ORCID: 0000-0002-9241-9153
Bekzod Abdukakhorov Utkir ugli*
Student of Tashkent Institute of Finance, Tashkent, Uzbekistan.
email: [email protected]
ORCID: 0000-0001-5111-9042
Abstract. In this article, the ways of turning Free Economic Zones into an effective means of increasing the competitiveness of the national economy, macroeconomic factors of increasing the investment activity of Free Economic Zones, as well as the activities of enterprises operating in the “Navoi” Free Economic Zone, which is of great importance in the development of the economy of the Republic of Uzbekistan today, At the same time, the opinions expressed by economist scientists who conducted their research on the activities of Free Economic Zones on the sphere have been studied. On the basis of the studied literature, the basics of the organization of Free Economic Zones, the purpose of their organization and the tasks set out for the achievement of this purpose, investments in the economic sectors of the country using the factor of Free Economic Zones, in particular, the active involvement of foreign direct investment, ensuring a favorable investment climate, increasing investment activity are considered. During the scientific research, the Free Economic Zones, in particular the “Navoi” Free Economic Zone and the types of activities of existing industrial enterprises in this zone have been studied. Also, financial indicators recorded in the Free Economic Zone “Navoi” for 2018-2021 years, that is, the number of investment projects implemented in the Free Economic Zone, the total cost of these projects, including the cost of foreign investments included in the projects, and the data on the jobs created, which, based on statistical observation are compared in terms of years, on the project surface. At the end of the research, a general conclusion was given in the application of the possibilities of using Free Economic Zones in the field of ensuring investment attractiveness of the economic-geographical regions of the country, development and implementation of effective investment programs in this regard. A number of proposals have been made on the further development of the activities of Free Economic Zones in connection with the wide implementation of the experience of developed countries in the world community into practice
Keywords: free economic zone, national economy, small industrial zones, special privileges, investment activity, investment climate, investment, investor, infrastructure