INSTITUTIONAL FOUNDATIONS AND THE CLUSTER SYSTEM FOR ATTRACTING INVESTMENT TO THE TEXTILE INDUSTRY IN UZBEKISTAN

This article examines the institutional foundations for attracting investment to Uzbekistan's textile industry, the organizational and economic mechanisms for improving the investment climate, and the key characteristics of the development of the cluster system. It also analyzes the effective use of domestic and foreign investment in the textile industry, the enhancement of investment attractiveness, the modernization of production processes, and the expansion of high-value-added production. The article substantiates the role of textile clusters in establishing an integrated production chain encompassing all stages, from raw material cultivation to finished product manufacturing and export. Furthermore, it develops scientific and practical proposals and recommendations for improving the institutional environment for attracting investment, strengthening cooperation between the public and private sectors, ensuring the efficient allocation of financial resources, and enhancing the economic efficiency of the cluster system.