This article presents and substantiates information on investment policy, economic effectiveness and activity of investments, investment projects and programs, their role in economic modernization. Investment policy largely depends on the correct selection of capital investment priorities. Also, indicators of activity of investment projects in the Republic of Uzbekistan are given, and their distribution by regions is analyzed, the amount of investment by types of economic activity is given as an example of 2016-2017. In the context of the development of the national economy, it is appropriate to constantly analyze the indicators of the investment volume.