THE REGION S STRATEGY IS AN IMPORTANT FACTOR IN SUSTAINABLE DEVELOPMENT

The development strategy of the country and its regions is the most important and inseparable part of a complex administrative system. The long-term strategy shows the main economic, social, institutional and environmental consequences of the ways of rational use of labor and material resources. Insufficient scientifically sound management decisions can lead to negative consequences and losses. Therefore, the statements of scientists and specialists management is the foresight of the future in the conditions of rapidly changing development and placement of productive forces become especially urgent and represents a scientific and practical interest. Among scientists and specialists there is no common opinion on the essence and terminology of the strategy. In addition to free economic zones in Uzbekistan, targeted development programs for individual industries are used as separate types of development strategy. Developed and implemented targeted programs for the development of industries and regions are mainly designed for the medium term, and their composition and structure vary significantly. In general, the emerging uncertainty and volatility of the world economy, the need for more efficient use of the natural and economic potential of the territories requires the development of a long-term development strategy for the region.