ASSESS THE IMPACT OF KEY SOCIO-ECONOMIC INDICATORS ON INDUSTRIAL DEVELOPMENT IN THE REGIONS

Abstract

Ensuring industrial development is an important factor in ensuring sustainable regional development and serves to bring the economy to a new level through the production of importsubstituting, export-oriented high value-added products. As a result, managing structural changes in industrial development in the regions will be an important factor in achieving the country’s long-term development goals. Industrial enterprises are the main generators of national scientific, technological and innovative activities, and the improvement of their research and development plays a crucial role in increasing the national innovation potential. The more the industry is stimulated, the higher the level of funding in the region where the enterprise is located, the more opportunities it has to invest elsewhere. As a result, industry helps to attract the unemployed in rural areas to urban areas in developing countries, while serving to increase the level of urbanization in the country