ECONOMIC EFFICIENCY OF TAX INCENTIVES IN SPECIAL ECONOMIC ZONES (ON THE EXAMPLE OF "NAVOIY" FREE ECONOMIC ZONE)

Abstract

This article scientifically analyzes the economic efficiency of tax incentives
provided to enterprises operating in Special Economic Zones (SEZs) in the
Republic of Uzbekistan. The study focuses on the "Navoiy" Free Economic Zone
(FEZ) and evaluates the volume of tax incentives utilized, their impact on
investment activity, production volumes, export potential, and the state budget
during the 2020-2024 period. The research results indicate that Special Economic
Zones serve as a crucial institutional mechanism for industrial modernization,
attracting investments, and ensuring regional economic development