Impact of Infrastructure Development on Regional Economic Growth in Uzbekistan
Keywords:
Infrastructure development, regional economic growth, Uzbekistan, productivity, trade facilitation, economic disparities, public-private partnerships, inclusive growthAbstract
This paper examines the impact of infrastructure development on regional economic growth in Uzbekistan. As the country continues its transition towards a market-oriented economy, investments in infrastructure have become critical for enhancing productivity, facilitating trade, and promoting equitable economic development across regions. This study employs a mixed-methods approach, combining quantitative analysis of regional economic indicators with qualitative insights from stakeholders involved in infrastructure projects. The findings reveal a significant positive correlation between infrastructure investment and regional economic growth, with areas receiving substantial infrastructure improvements experiencing higher GDP growth rates and improved business environments. However, disparities in infrastructure development across regions highlight the need for targeted policies to address inequalities and ensure inclusive growth. The paper concludes with recommendations for policymakers to prioritize infrastructure investments in underserved areas, promote public-private partnerships, and enhance planning and management practices to optimize the benefits of infrastructure development for regional economic growth.
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