Thanks to the adoption of Decree No. 506, signed in 2018, the Orsha region has been granted unprecedented support measures designed to stimulate development in all spheres of activity.
To open new and expand existing production facilities, the Vitebskoblimushchestvo Committee and the Orsha District Executive Committee offered a large list of unused facilities. Thus, initially, during an inspection of the use of state and private property, 624 unused facilities were identified in 2018.
This year, 26 unused facilities have been put into economic circulation, primarily through sale, and another 17 facilities were demolished this year.
In total, over the past five years, 702 facilities have been put into economic circulation or demolished, which is 90% of all unused facilities identified during this period. As of today, 96 facilities remain unused.
The Vitebskoblimushchestvo Committee reminds that a number of tax and administrative benefits for starting a business in the Orsha region, provided by Decree No. 506, are valid until December 31, 2023. Investors still have the opportunity to take advantage of the offered benefits.