Attracting Investments In The Service Sector Production
DOI:
https://doi.org/10.31150/ajebm.v8i2.3274Keywords:
investments, economy, attraction of foreign and local investors, service sector, financial stability, modernizationAbstract
Research analyzes service sector investments to determine their effects on Uzbekistan's economic growth. The substantial sector growth has led to a 58.4% GDP contribution in 2023 but investors both foreign and local continue to face essential barriers to entry. The study varies from other research by establishing that stakeholders need better knowledge regarding the modernization approaches and structural modifications needed to draw investments successfully. The research evaluates investment patterns together with regulatory overview data through mixed research approaches to discuss financial frameworks and economic data analysis. The analysis indicates that financial services keep expanding in size and microfinance institutions keep increasing while economic zones demonstrate remarkable success in pursuing FDI. Sustainable growth faces challenges from regulatory barriers alongside deficient digital infrastructure along with insufficient workforce competence. The sector’s productivity would increase significantly by adopting three critical improvements including investment policy liberalization and better digital infrastructure and improved occupational training systems.
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