THE ROLE AND ECONOMIC EFFICIENCY OF SMALL INDUSTRIAL ZONES IN REGIONAL DEVELOPMENT

Abstract

This study explores the role and economic efficiency of small industrial zones (SIZs) in enhancing regional development in Uzbekistan. Using a mixed-method approach combining statistical analysis and expert assessment, the research identifies how industrial clustering, infrastructural readiness, and investment incentives contribute to sustainable regional growth. The findings show that SIZs act as catalysts for employment generation, diversification of local economies, and spatial industrial decentralization. However, uneven infrastructure, low innovation capacity, and limited access to finance remain key barriers to maximizing their efficiency. Recommendations are proposed to strengthen regional industrial policy and improve the investment climate within SIZs.