DIVERSIFICATION OF INDUSTRIAL PRODUCTION IN SUGHD REGION

Ilhomjon Qodirov

Authors

 

Kayumova M.Kh. – Lecturer, Department of Economic Theory, Khujand State University, Khujand, Republic of Tajikistan, myhayohon@mail.ru

 

Annotation

 The article is devoted to the pressing issue of diversification of industrial production in the Sughd region of the Republic of Tajikistan. Various aspects of diversification, including economic, technological and social, are discussed. The importance of diversification for increasing competitiveness and modernization of outdated industries in the region is empha-sized. A brief historical overview of the development of industry in Tajikistan and the Sughd region during the Soviet period and after the collapse of the USSR in the 90s is given. It is noted that during the Soviet era the republic’s industry had a diversified multi-sectoral structure that was lost in the 90s during market reforms. Insufficient attention to diversification and moderni-zation of industry by the authorities at the present time is noted. It is pointed out that for the solution of this complex process, Tajikistan’s accession to the Eurasian Union is acceptable. Since for the development of the industry in the regions of Tajikistan, the development of new production technologies and the establishment of a wide range of industrial goods are priority measures. As a solid foundation for the development of industrial sectors in the region, the structural diversification of industrial sectors can contribute to the further progress of the in-dustry in the Sughd region. It concludes that a balanced combination of market mechanisms and state regulation is necessary for the successful implementation of the diversification of industri-al production in the region.

 

Key words

 

 industrial policy, diversification, production, strategy, socio-economic, competitiveness, region, industrial products

 

References

 

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Publication date

2023-10-28