*Senior Teacher, Department of Economics and Real Estate Management, Tashkent Institute of Architecture and Civil Engineering, Uzbekistan
This article analyzes the construction materials industry of the Republic of Uzbekistan, its importance and provides recommendations for improvement on the basis of an innovation cluster. Strategic approaches are produced only in the separated regions. That's why it is important to form strategic approaches for development of innovational construction materials. The experience of developed countries shows that there is no single unified mechanism for creating, developing and stimulating clusters. As noted in the Address of the President of the Republic of Uzbekistan ShavkatMirziyoyev to the Oliy Majlis on December 29, 2020: "From now on, each village or mahalla will be developed based on its direction and growth points.
Construction Materials Industry, Material, Cluster, Investment, Capital, Commercial Bank, Interest Rate, Draft
