The role of free economic zones in the development of the national economy

Abstract

In the current context of globalization, free economic zones play a special role in increasing the competitiveness of our national economy. This article provides a brief overview of the establishment of free economic zones in our country and economic zones in the world. The basis of the research methods is the work carried out in our country, which is to increase the income of the population through the development of free economic zones and increase GDP. At present, the country is focused on increasing GDP through the development of free economic zones. In accordance with the decree of the President of the Republic of Uzbekistan Shabvkat Mirziyoyev dated October 26, 2016, the area was renamed "Angren" free economic zone and its opportunities and benefits were expanded. At present, the following manufacturing enterprises operate in the Angren Free Economic Zone. The company "Poly Technology" produces conveyor belts, agricultural machinery and tires. With the commissioning of the Angren sugar plant, it is possible to produce 300,000 tons of finished products a year. The Angren Pipe Plant specializes in the production of 8,000 tons of copper per year for electrical engineering, chemical sabotage, and various sectors of the economy. Many developed countries today need to explore more comprehensive ways to create and improve free economic zones. In this way, we can help the whole world to develop equally. Through the development of free economic zones, we can further improve the well-being of the population and develop the service sector.

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