Formation of a Mechanism for Managing Investment Attraction in Free Economic Zones

  • Sheralieva Saida Azatovna Teacher at the Department of Geography and Fundamentals of Economics, NavSPI
Keywords: free economic zone, investment, management, FEZ, mechanism, export, innovation, technology

Abstract

This article is devoted to the establishment of the mechanism that would manage investment attraction in free economic zones of Uzbekistan as well as point out beneficial sides of FEZs and probable disadvantageous characteristics of Uzbekistan’s free economic zones. Moreover, this paper provides the examples of handling free economic zones in foreign countries and presents a number of statistical data to support the ideas.

References

1. Decree of the President of the Republic of Uzbekistan dated October 26, 2016 №. UP-4853 "On additional measures to activate and expand the activities of free economic zones."
2. Decree of the President of the Republic of Uzbekistan dated August 7, 2017 №. PP-3175 "On measures to strengthen coordination and increase the responsibility of ministries, departments, local government bodies for the effective functioning of free economic zones."
3. Message from the President of the Republic of Uzbekistan Shavkat Mirziyoyev to the Oliy Majlis "On the main results of the work carried out in 2019 and the priority areas of socioeconomic development of the Republic of Uzbekistan in 2020".
4. Decree of the President of the Republic of Uzbekistan dated 07.02.2017 №. UP-4947 "On the Strategy of Actions for the Further Development of the Republic of Uzbekistan"
5. Resolution of the President of the Republic of Uzbekistan dated October 25, 2017 №. PP3356 "On additional measures to improve the efficiency of free economic zones and small industrial zones."
6. Analytical report of the Institute for Forecasting and Macroeconomic Research "State and prospects for the development of free economic zones in the Republic of Uzbekistan", T., 2017, pp. 18-19.
7. http://www.stat.uz/ - State Committee of Statistics of the Republic of Uzbekistan
8. Adrianov V.D. Special economic zones. Journal “EKO”, 1997, (No. 3), p 42.
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10. Vakhabov А.V., Khajibakiev Sh.Kh., Muminov N.G. “Foreign investments”. Handbook. -T.: Finance, 2010. p180
Published
2021-12-20
How to Cite
Azatovna, S. S. (2021). Formation of a Mechanism for Managing Investment Attraction in Free Economic Zones. International Journal on Economics, Finance and Sustainable Development, 3(12), 102-107. https://doi.org/10.31149/ijefsd.v3i12.2526
Section
Articles