Soyaltın T. E., Mahmudzada S.
Construction Economics and Management Scientific And Practical Journal, cilt.2, sa.35, ss.448-453, 2026 (Hakemli Dergi)
Özet
This article examines the role of foreign direct investment in the country's socioeconomic
development and discusses its economic and legal regulation. It also assesses the impact of foreign direct
investment on socioeconomic development and offers recommendations for improving the socioeconomic
effectiveness of these investments. In today's globalized economy, ensuring the comprehensive
development of the national economy, understanding the socioeconomic needs of society, fully utilizing
the country's productive potential, and implementing the achievements of scientific and technological
progress in production primarily depend on foreign direct investment and its effective use. Regardless of
the level of socioeconomic development, the issue of foreign direct investment in the national economy
has always been a focus of attention for the republic's leadership. This underscores the relevance of
studying the use of foreign direct investment. Historically, foreign direct investment has played a
significant role in economic development, such as the independence of European colonies in the 19th
century. In the mid-19th century, large-scale British investments in the United States and Canada, while
promoting industrialization, created transportation infrastructure. This led to increased farm wealth,
higher agricultural land values, and the development of import-substituting industries (steel production).