PATHS IMPROVEMENT OF THE INVESTMENT CLIMATE IN UZBEKISTAN

Abstract

This article analyzes the main directions for fundamentally improving the investment climate in Uzbekistan. In particular, it emphasizes the importance of such factors as strengthening and stabilizing the legislative framework, providing reliable guarantees of investors’ property rights, combating corruption, and reducing administrative barriers. It also examines issues related to offering tax and customs benefits, deepening public-private partnership (PPP) and privatization processes, modernizing transport and energy infrastructure, training qualified personnel, pursuing digital transformation, and expanding international trade cooperation. It is noted that comprehensive and consistent measures in these areas constitute one of the key prerequisites for enhancing the business environment in Uzbekistan, increasing trust among both foreign and local investors, as well as ensuring economic growth and the welfare of the population.