Attractive environment for the realization of investment projects has been formed in Belarus

17 February 2025

On February 12, 2025, a seminar-meeting “Investment and Export Potential of the Belarusian Economy” was held at the site of the Industrial Park “Great Stone”.

The main objectives of the seminar-meeting are to study practical issues of implementation of the investment policy of the Republic of Belarus, including in terms of granting preferential regimes to investors taking into account the peculiarities of investment projects implementation, as well as areas of export potential development to enhance promotion of Belarusian goods on the export markets.

In his speech, Minister of Economy of the Republic of Belarus Yuri Chebotar detailed the following two key blocks of the Belarusian investment policy:

• The first is institutional measures. In 2024, the existing tools for incentivizing promising business ideas were substantially updated and new ones were introduced. In particular, it is about the special investment treaty and preferential investment projects. At the moment, initiatives using these mechanisms are already being actively developed on the ground, some of which are in a high state of completion.
• The second block is project activity. A colossal amount of work has been done under the initiative “One District – One Project”. In 2021 – 2024, 70 “success stories” have already been realized and 3.2 thousand new jobs have been created. The leaders in terms of attracted capital are the projects of LLC “Minsk City Technopark”, OJSC “Soligorsk Poultry Farm” and State Institution “Republican Scientific and Practical Center of Transfusiology and Medical Biotechnologies”. In 2025 it is planned to implement 220 projects and create 11 thousand jobs.

It was also noted that the investment policy of the country will continue to be aimed at strengthening the industrial potential of the regions, creation of production facilities for deep processing of local raw materials, production of components for large industrial enterprises, formation of inter-industry chains, etc.

The effective implementation of investment policy measures contributes to the sustainable development of the Belarusian economy and to the localization of the Sustainable Development Goals.

.

Source of information

Print version