Uzbekistan Economic Transformation And Utilization Of FDI

After the disintegration of the Soviet Union, the Central Asia has become thefocus of attention of the international community. Uzbekistan has chosen a gradualdevelopment pattern in economic development. After independence, due toinsufficient domestic savings, the shortage of funds, the need to attract foreigninvestment, therefore the promulgation of laws and formulate preferential policiesfor foreign investment, improve the investment environment. At the same time, tostop the decline economic price stability, to solve the unemployment and promotethe recovery of the system reform, and the choice of the social system, politicalsystem and economic system of our country, the development strategy, to choose thedevelopment mode. Uzbekistan attaches great importance to the introduction offoreign capital also attaches great importance to the introduction of advancedtechnology and modern management experience. The government is focused oncoordination of political stability and economic development at the same time, butalso increase the opening and development of special economic zone. And solve theemployment, development of export trade, effective use of limited natural resources,improve the management level of domestic enterprises have achieved some success.Based on the existing theory and guide below, combined with the actual situationin Uzbekistan, through the analysis of the introduction of foreign capital ofUzbekistan since the transition diagram, analysis of foreign direct investment(FDI)through the positive impact on the economy are analyzed, and some conclusions areobtained.This paper believes that, FDI has a positive effect on Uzbekistan’s industrialstructure and employment, the role of Economic Zone on the development ofregional economy growing, the special economic zones and other areas to driveeconomic development more and more obvious. Effects of FDI on different industryare different, the FDI of Uzbekistan construction industry, transportation,foodprocessing, fuel industry and machinery and metal processing industry role in promoting higher. Effect of FDI on employment, influence ontransportation,construction and industry and other labor-intensive employmentsignificantly. The impact o. The impact of trade mainly in the export trade.This paper also thinks, transition countries should pay attention to domesticinvestment environment, and maintain stable economic, political situation. The mostimportant is, in the context of globalization, the host country should find its owncomparative advantage to attract more FDI, and promote the continuousdevelopment of the economy.Finally, the results of this study has a certain significance and reference value foreconomic cooperation between China and Uzbekistan investment cooperation.