LOCALIZATION, MODERNIZATION AND DIVERSIFICATION OF THE INDUSTRY OF THE REPUBLIC OF UZBEKISTAN

Abstract

The Republic of Uzbekistan has been experiencing rapid changes in its industrial sector over the past few years. Localization, modernization, and diversification have been the key strategies implemented by the government to enhance the growth of the industry. This article aims to evaluate the effectiveness of these strategies in improving the industrial sector of Uzbekistan. The methods used for this study include a review of existing literature and data analysis. The results show that the implementation of localization, modernization, and diversification strategies has led to a significant improvement in the industrial sector of Uzbekistan. The discussion section presents the challenges faced and opportunities available for further growth. The article concludes with suggestions for future research to explore the potential of Uzbekistan's industrial sector.