This article analyzes the historical formation, development stages, and possibilities of applying Malaysia’s policy of attracting foreign investment to small business in the context of Uzbekistan. The study examines Malaysia’s post-independence path of economic development, industrialization policy, establishment of free economic zones, export-oriented production, inflow of foreign capital, and mechanisms of investment cooperation with local small and medium-sized enterprises. Special attention is paid to the integration of small businesses into international production chains, the strengthening of technology transfer, and the enhancement of local entrepreneurial capacity. The article substantiates the significance of Malaysia’s historical experience for the economy of Uzbekistan, particularly in attracting foreign investment to small business, developing industrial zones, expanding export potential, and supporting local business entities in entering international markets.

Malaysia experience, small business, foreign investment, historical development, investment policy, industrialization, free economic zones, export, technology transfer, Uzbekistan.

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