This article examines the concept of free economic zones (FEZ), their significance in the modern economy, and the principles of their operation. The contribution of FEZs to economic development is analyzed using international experience and the example of Uzbekistan. Additionally, the article provides a detailed review of the key principles of establishing and managing FEZs, their role in implementing modern technologies, as well as the legal and institutional foundations of FEZ operations.

free economic zones (FEZ), special economic and small industrial zones, investments, investment projects, modern technologies.

1 Kolko, J., & Neumark, D. (2019). Do Some Enterprise Zones Create Jobs? NBER Working Paper.

Zeng, D. Z. (2015). Global Experiences with Special Economic Zones. The World Bank.

Evstafyeva, A. Kh. (2021). Ensuring Economic Security of Regions.

Mirzaliyeva, S. S. The Impact of Free Economic Zones on Economic Development (Scientific Research Studies).

Chee, L. (2013). Special Economic Zones and Growth in China and India: An Empirical Investigation. International Economics and Economic Policy.

Popov, V. P. (2018). Regional Aspects of Free Economic Zones: Legal and Economic Foundations.

Deng Xiaoping’s Reforms and Their Impact on SEZs. (1985).

Evstafyeva, A. Kh. (2021). General Analysis of SEZs in CIS Countries.

Chee, L. (2013). The Role of Tax Incentives in Special Economic Zones.