On November 13, Vitebsk / Diana Kurilo - BELTA /. In the Vitebsk region, over two years of the effect of Decree No. 10 "On Creating Additional Conditions for Investment Activities in the Republic of Belarus", 65 investment agreements worth about Br1.5 trillion have been concluded, including 36 agreements worth Br933 billion in 2011. This was reported to a BELTA correspondent by the Economics Committee of the Vitebsk Regional Executive Committee.
With the participation of foreign investors, 26 agreements have been signed since the decree came into force, with the volume of foreign investments estimated at $120 million. The projects are to be implemented during 2011-2015.
Under previously concluded agreements, 5 facilities have been commissioned in Vitebsk, Beshenkovichi, Dokshytsy districts, and Vitebsk. Currently, a number of large-scale projects involving foreign investors are being implemented in the region. For example, PDW group s.r.o. (Czech Republic) intends to develop the infrastructure of Vitebsk Airport. The construction of a business aviation hangar complex is planned, providing for hangar storage and operational and technical maintenance of aircraft. The investment volume will amount to 50 million euros. Vireo Energy (Sweden) is implementing 2 projects for the production of landfill gas at solid municipal waste landfills in Polotsk and Vitebsk districts, with a total investment volume of 4.5 million euros. In Miory district, Private Unitary Enterprise "OksesDomInvest" (Czech Republic) is carrying out design and construction work for a house manufacturing plant with an investment volume of Br11.1 billion.
Decree No. 10 "On Creating Additional Conditions for Investment Activities in the Republic of Belarus" of August 6, 2009, is aimed at ensuring a comprehensive approach to working with investors. The document allows for granting investors additional benefits and preferences within the framework of investment legislation. The responsibility of investors for fulfilling their commitments is also enshrined. -0-
BELTA
In the Vitebsk region, 36 agreements worth Br933 billion were concluded in 2011 under the decree on investment activity conditions.
13/11/20110 views