First enterprise in Chinese-Belarusian Industrial Park in 2015

The first enterprise will be set up in the Chinese-Belarusian Industrial Park in 2015, BelTA learned from Vice Premier of Belarus Anatoly Tozik before the ceremony to place the first stone of the park. The ceremony is scheduled to take place near the village of Bykachino, Smolevichi District, Minsk Oblast on 19 June.

“The construction of the internal infrastructure inside the park will begin today,” said Anatoly Tozik. “It is important to start real construction. I hope it will be started this year”. The Vice Premier said he was confident that there will be no problems with resident companies since the portfolio contains a lot of proposals. “Together with Chinese partners we are creating the conditions to foster the arrival of companies with cutting-edge technologies from various countries,” he said.

Anatoly Tozik underlined that the number of companies willing to become residents of the Chinese-Belarusian Industrial Park includes companies from China, Taiwan, South Korea, Japan, and Europe. The park will be created to match technologies of tomorrow, added the Vice Premier.

The official said he hopes that a new economy of Belarus will evolve in the Chinese-Belarusian Industrial Park.

The terms the park offers to resident companies are very advantageous: no taxes for ten years and 50% of the tax rates for the next ten years. Anatoly Tozik stressed that the Park occupies an extremely advantageous location from the logistical point of view: it is in the immediate vicinity of an international airport, a railroad, and the transnational motorway Berlin-Moscow.