Import substituting Goods Policy Generates New Era in Business. Can Building Cost be Cheaper Cause of Small Business Development in Uzbekistan?

Authors

  • Ravshan Nurimbetov
  • Oybek Mamanazarov
  • Nilufar Akhmedova
  • Sattarov Ne'matjon

Abstract

Today, Uzbekistan has become a country with an independent economic security in the global community and a member of authoritative international organizations. Political, diplomatic, economic, and cultural ties were established with the leading industrialized countries of the world. Bilateral and multilateral mutually beneficial relations are developing. Under these conditions, the country's foreign economic potential is determined by the availability of natural resources, production and scientific and technological potential, infrastructure, social services, export of goods and services to foreign and domestic organizations, enterprises and organizations, as well as joint ventures in the country. In this paper work it has been studied import potentials of Uzbekistan and its correlation and regressions with import partners. Main outcomes can be considered how small business effects construction industry cost with local building materials manufacturing policy. As a conclusion new perspective on producing energy efficiency and composite materials in spite of importing abroad.

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Published

2020-03-16

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Section

Articles