Thematics Journal of Geography

Thematics Journal of Geography
 
ISSN – 2277-2995
  
Vol-6-Issue-1- 2021
http://thematicsjournals.in/index.php/tjg
 
UIF 2020= 6.722 IFS 2020= 7.652
DOI 10.5281/zenodo.5575589 
11 
complex, social-recreational complex, intermodal hub, investment, export, import, 
moderishion, diverficeshion, free economic zone. 
 
Introduction
. Further improvement of the investment climate in the country, 
privatization, 
modernization 
of 
production, 
technical 
re-equipment 
and 
reconstruction, wide attraction of local and foreign direct investment in the 
implementation of job creation programs, as well as In order to provide them with 
reliable legal protection and guarantees, the President of the Republic of Uzbekistan 
issued a decree on April 11, 2005 “On additional measures to encourage foreign 
direct investment Resolution No. PQ-3594 is of great importance. This, in turn, will 
allow to build large manufacturing enterprises with the help of local and foreign 
investors. Navoi region has all the opportunities for the entry of local and foreign 
investors. 
Navoi region is one of the leaders in attracting foreign investment in the 
country. In particular, the volume of investments attracted in 2007 amounted to 419.8 
billion soums. UZS (or 333.2 mln. USD), in 2008 the total investment amounted to 
463 bln. soums (USD 330.2 million). 80.3 million of them. USD or 20% of the total 
investment was attracted from abroad. Foreign investment per capita in those years 
was $ 97. It should be noted that the Republic of Uzbekistan has established national 
rules and regulations for foreign investors. This, of course, plays an important role in 
the development of profitable industries [8]. 
The development of foreign economic activity in Navoi region, as well as the 
annual increase in foreign investment, the launch of dozens of new modern industrial 
enterprises, the expansion of export potential in industry and agriculture will further 
improve the socio-economic and cultural life of the population. will give. Taking into 
account these factors and conditions, the first President of the Republic of Uzbekistan 
IA Karimov on December 2, 2008 in the Republic of Uzbekistan established modern 
high-tech productions that meet world standards and ensure the production of 
products in demand in world markets. In order to create favorable conditions for 
attracting foreign investment, primarily direct investment, as well as the development 
of industrial potential, production, transport and transit and social infrastructure of 
Navoi region Decree No. PF-4059 "On the establishment of a free industrial and 
economic zone in Navoi region" was adopted. [1] 
This was the first free economic zone in Uzbekistan, a number of free 
economic zones "Samarkand", "Jizzakh" and "Nukus" were established before, but 
for some reason had completed their activities. 

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