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13 December 2012 / 02:17

12.12.2012 12:22

Uzbekistan is the only country among Central Asian states, which has been included to the top 20 countries of the world with most promising investment potential. This news is distributed by foreign mass media citing the report of the authoritative British risk analysis consulting company Maplecroft.

Maplecroft published its new Growth Markets Index  on 5 December 2012, in which Uzbekistan has been placed 20th . China, India, Brazil, South Korea and Malaysia top the ranking.

Growth Markets Index (GMI) evaluates the economic performance, stability and potential of 175 countries. It provides an evaluation of economic performance, investment conduciveness, recent structural reforms and projected future demographic trends, including growth of middle class consumers.

The results, achieved in developing Uzbek economy in the last years, are highly appraised by influential international financial institutions such as International Monetary Fund, World Bank, Asian Development Bank and others. Leading international experts frequently underlined that successes of economic policy are based in political stability and consistency of reforms.

The country is not only withstanding negative influences of ongoing crisis in world economy, but also maintains macroeconomic balance, sustainable levels of economic and social development.

Structural shifts, taking place in an investment sphere, deserve a special attention.During the years of independence an efficient legislative basis, wide system of legal guarantees and priveleges for foreign investors have been created, systemic measures on encouraging foreign and joint enterprises’ activity have been developed.

Mutually beneficial cooperation of Uzbekistan with foreign partners demonstrates that all conditions for successful activity of foreign investors are created. All these factors allowed Uzbekistan to be among the most investment-friendly countries, which has been once again confirmed by Maplecroft experts.

Source: www.uza.uz