INVESTMENTS ARE THE MAIN DRIVER OF ECONOMIC DEVELOPMENT

Аннотация

This article provides an analysis of the concept of investment and theoretical-scientific- practical approaches. At the same time, the study object is the analysis of regional trends in economicdevelopmentandtheirsignificanceinsolvingsocialproblems. Key words: Investment, investment activity, investment forum, fixed capital, capital flows, foreign investors, investment deals, investment environment, investment activity, investment project. Investments are one of the main financial levers for the implementation of financial and economic activities of economic entities in the context of the comprehensive development of the national economy. If we talk about the role of investments in the economy, then, on the one hand, targeted investments (investment of funds) solve a number of economic problems at the macro and microeconomic levels, create favorable conditions for solving and implementing strategic tasks of the economy, and its further development in all socio-economic spheres. On the other hand, investments are one of the main elements ensuring the effective functioning of the financial and creditsystemofthenationaleconomy. In the modern world, investments have firmly entered the lives of many people and are becoming an integral part of financial literacy. It is known that everyone, regardless of age, profession and sourceandlevelofincome,canincreasetheircapitalbyinvestinginpromisingassets. In recent years, large-scale reforms have been implemented in all sectors of our country, radically improving conditions for entrepreneurship and foreign investors. shows the need to fully mobilize domesticcapabilities and increase thepace ofeconomic development. Therefore, the fact that more than $90 billion in foreign investment has been attracted to our country in a relatively short period of time is a significant indicator even in the region. Last year, oureconomygrewby6percent,whichconfirmsthecorrectnessofthechosendirection. The"Uzbekistan-2030"strategyhasdevelopedadraftplantoincreasethecountry's grossdomestic product to $200 billion, and this process is supported by a roadmap that places a key emphasis on foreigninvestment. Since 2017, 188 billion dollars have been invested in the country's economy from all sources. Of this, 87 billion dollars were attracted from abroad. As a result, the share of investments in the gross domesticproduct exceeds 30percent, which is thebasis for stableeconomic growth. In 2024,the volumeof investments in theeconomy increased by1.3times, exceeding $36billion. Duetothis,560large and medium-sized projects worth an additional 70trillion soumshave been launched since the beginning of the year. This creates an opportunity to increase exports by another$1billion thisyear. These results can be further enhanced with the opportunities available in the sectors and regions ofourcountry. https://ijmri.de/index.php/jmsi volume 4,issue5,2025 1155 From 2022 since signed investment transactions i amount from 44 billion dollars increased​ Projects most of to do increased or construction stage . The most active investors - Saudi Arabia Arabia , China , Russia and each other complementary various experience and to technologies ownercountriesisconsidered. This fiscal year, it is planned to absorb $43 billion in investments, which will allow for the implementation of more than 300 major projects and the production of 662 new import- substitutingproducts. At a meeting on investment held on December 19, 2024, the Head of State emphasized the need towork with foreign investors ina targeted manner, create moreopportunities, and implement all agreements reached at ahigh level. Today, Uzbekistan is opening its doors to the world, inviting investors to be part of major projects in the fields of mechanical engineering, automotive, power engineering, financial technology, and evenartificialintelligence. The difficult situation in the world, the increasing complexity of export logistics chains, and the decline in the availability of finished products in our main export markets, create the need to ensure socio-economicdevelopment byfully utilizingexisting opportunities inthe regions. The goal is to double the country's annual export volume to $45 billion by 2030, which requires timely implementation of investment projects in this regard, an increase in the number of high- valueproducts and services, and an expansion ofthe geography ofexports. The Tashkent International Investment Forum, which is being held in the capital these days, is of greatimportancenotonlyforlargeinvestors,butalsoforthepopulation.Becauseinvestmentisthe economic development of our regions, the creation of new jobs in the regions, the improvement of the quality of services at the required level, and the steady increase in the standard of living of the population. Withintheframeworkoftheforum,about3,000participantsfromabout100countriesoftheworld and more than 1,000 companies had the opportunity to get acquainted with the investment environmentinTa