The role and importance of free economic zones in the development of the economy of Uzbekistan

Authors

  • Nomozali Khaydarov Acting Associate Professor of the Department of Economics and Computer Engineering of the Institute «International School of Finance Technology and Science»

Keywords:

free economic zones, Uzbekistan, economic growth, investments, tax benefits, exports, infrastructure.

Abstract

the article examines the impact of free economic zones (FEZ) on the economic development of Uzbekistan. The focus is on the analysis of the functioning of existing FEZs, their role in attracting foreign investment, improving infrastructure and creating new jobs. A review of statistical data on FEZs was carried out, as well as an analysis of legislative changes affecting the effectiveness of their functioning. Special attention is paid to the problems and challenges faced by FEZs in Uzbekistan, as well as possible prospects for their development.

References

Law of the Republic of Uzbekistan "On Free Economic Zones in the Republic of Uzbekistan", 2008.

State Statistics Committee of Uzbekistan. Statistical data on foreign trade and investment, 2023.

Ministry of Economic Development and Poverty Reduction of the Republic of Uzbekistan. "Economic analysis of the development of FEZ in Uzbekistan", 2022.

Shakhidov, M.V. "Free economic zones in Central Asia: theory and practice". Tashkent: Economica, 2019.

Asrorova, I. "FEZ as a factor in regional economic growth". - Tashkent, 2021.

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Published

2024-11-10

How to Cite

Nomozali Khaydarov. (2024). The role and importance of free economic zones in the development of the economy of Uzbekistan. American Journal of Management Practice, 1(7), 22–24. Retrieved from https://semantjournals.org/index.php/AJMP/article/view/431

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