Foreign in the Development of the Economy of Uzbekistan Place and Role of Investments

Abstract

This article explores the pivotal role of foreign investments in driving economic development in Uzbekistan. It delves into how Foreign Direct Investment (FDI) contributes to economic diversification by bringing in expertise, technology, and capital to various sectors. The article discusses the impact of foreign investments on infrastructure development, job creation, and technology transfer, emphasizing their role in modernizing industries and improving competitiveness. It also examines how foreign investments facilitate access to global markets, enhance trade integration, and contribute to financial stability by attracting long-term capital inflows. Furthermore, the article highlights the importance of policy reforms in creating a conducive business environment to attract foreign investors. Through a comprehensive analysis, this article sheds light on the transformative impact of foreign investments on Uzbekistan's economy, paving the way for sustainable growth and integration into the global economy.