Minister: Belarus offers favorable conditions for investment projects
17:37, 13 February
Photo: BELTA
Belarus has created a favorable environment to implement investment projects, Belarusian Economy Minister Yuri Chebotar said during an onsite seminar to discuss investment and export potential of the Belarusian economy in the China-Belarus Industrial Park Great Stone, BelTA learned.
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Yuri Chebotar highlighted two key aspects of Belarus' investment policy. “The first one relates to institutional measures. Thanks to the deputy corps, last year the existing instruments to promote promising business ideas were substantially updated and new ones were introduced. These instruments include a special investment agreement and preferential investment projects. Local initiatives are being actively developed using these instruments, and some of them are on the home stretch,” the minister stated.
The second aspect is project activities, he emphasized. “Great work has been done within the One District, One Project initiative. At a time of its launch, we closely worked on many projects together with the regions. Nowadays, we have about 70 stories of success with 3,200 new high-paying jobs," Yuri Chebotar said. “Our investment policy will continue to strengthen the regions' industrial potential, create production facilities to process local raw materials, produce components for large industrial enterprises, and form inter-industry chains.”
