Science and Education in Karakalpakstan. 2023 №2/1 ISSN 2181-9203 121
- the mechanism of state guarantees and the system of providing foreign investments with
legislation, regulations and information allow to increase the interest of investors while functioning
effectively.
However, in today's conditions, in our opinion, the following can be cited as the main
priority areas of assistance for the development of foreign investments:
- stabilization of the political and economic situation in the country;
- ensuring business activity with strong and stable legislation;
- to expand the scope of search for investment resources;
- implementation of an investment-oriented advertising company;
- formation of infrastructure for legal and organizational provision of investment activities.
Taking into account the above, it is advisable to improve the activities of institutions that
develop and conduct expertise in projects of enterprises with foreign investment. In particular:
- banking institutions that provide appropriate financial guarantees;
- insurance companies that insure the appropriate risks in the implementation of investment
projects;
- information consulting companies and investment funds.
The basis of such a mechanism is the economic-organizational block, which is based on a
reliable conceptual basis and strategy for attracting foreign direct investment, the procedure for
promoting the tariff, determining the benefits of using foreign investments, enriching investments,
the possibilities of cooperation of foreign investors in the privatization process and the unity of joint
ventures. To group the measures in the mechanism of investment strategy for attracting real
investments in the region, the problem area should be divided into the following groups according
to the content characteristics of the measures:
- in the field of regulatory and legal regulation of activities. Organization of attracting real
investments in enterprises of the Republic region of enterprises and organizations;
- informing investors about the state of enterprises;
- state economic stimulation of the flow of real investments in enterprises;
- state support in establishing partnerships between enterprises and investors;
- measures in the field of regulatory and legal regulation of the activities of enterprises of the
Republic of Karakalpakstan initially provide for the development of legal support for the
investment process and its activation in order to attract investment, as well as other additional
measures to bring the products of enterprises to the markets.
CONCLUSION Based on the studies carried out, it can be said that the economic mechanism of attracting
foreign investments should be based on a comprehensive approach using regulators of specific
methods, means and other ways of influencing the process of attracting foreign investments and
facilitating the Coordination of strategic priorities for the development of the state and individual
territories.
Also, measures in the field of organizing the involvement of real investments in enterprises
of the territory provide for a clear coordination of actions between credit organizations, selected
authorities on the basis of the choice of consulting, insurance and leasing companies, as well as the
enterprises themselves. In the implementation of approved investment projects, it is necessary to
activate the joint activities of the representative offices of the Republic abroad with potential
foreign investors who are ready to invest in the economy of the Republic on the basis of economic
feasibility and mutual interest. This includes conducting advertising and image activities aimed at
popularizing the potential and investment opportunities of the Republic of Karakalpakstan.
A comprehensive mechanism for attracting foreign investments aimed at increasing
investment activity and creating a favorable investment environment should be well-founded and