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Andrei Safronyuk: “Data from Global Innovation Index is proven true by the statistics of Orient Group enterprises” 

On September 29, the Global Innovation Index 2022 rating has been published, by the results of which Uzbekistan improved its positions by 4 points at once, taking 82nd place out of 132 states. At the same time, by a number of key indicators, the republic entered the top ten countries in the world. This applies primarily to the economic development: in terms of gross capital formation Uzbekistan ranked 6th in the global rating, and in terms of increase in labor efficiency – 7th.

“For us, as representatives of the business, it is crucial not only the growth of the economy in absolute numbers, but also the qualitative indicators present in the most established international ratings. Global Innovation Index is supported by the data of the International Monetary Fund and the World Bank, which means it serves as the realistic guide for the investors. Orient Group includes a wide range of major industrial enterprises, the same labor productivity is an essential matter for us, and the progress is truly evident in this regard. It is nice to get confirmation that it becomes a trend for Uzbekistan”, Andrei Safronyuk, the General Director of Orient Group Management, commented.  

According to the Strategy of Innovative Development of the Republic of Uzbekistan, by 2026 Uzbekistan shall become one of 56 leading countries in the Global Innovation Index rating. 
Ibrokhim Abdurakhmonov, Minister of Innovative Development: “The 2022 report is focused on the “Future of innovative development”, which is especially important for us, since all ongoing reforms and transformations in the republic are aimed at the future. According to a number of indicators, Uzbekistan takes leading positions not only in the macroregion, but also globally. An example is the dynamics of the number of graduates in the field of science and engineering, where we sensationally became the sixth in the world. There are lots of such examples, and we plan to work on achieving even more of them”.

Global Innovation Index is the research, developed in partnership with Cornell University (USA), INSEAD Business School (France) and the World Intellectual Property Organization. It consists of 81 indicators and qualifies the innovative development of the countries at different level of economic development. The rating is mentioned in the Resolution on science and technology for sustainable development, adopted on December 19, 2019 by the United Nations General Assembly.