Myasnikovich urges to expedite Hi-Tech Park development

Belarusian Premier Mikhail Myasnikovich ordered to speed up the development of the Hi-Tech Park during his visit to the HTP construction sites on 8 August, BelTA has learned.

Mikhail Myasnikovich noticed that the Hi-Tech Park is a complex project. It includes not only office floors and R&D establishments but also residential buildings. Many of the facilities which are under construction on the territory of the Hi-Tech Park will be commissioned this year. Some projects, however, are running behind the schedule outlined in the investment projects. “A closer look at the situation shows that some customers, investors have chosen unreliable contractors. Someone decided that western companies would build better, someone fell for lower prices. Today we can see that some contactors have failed to fulfill their contract commitments,” Mikhail Myasnikovich said.

Belarusian contractors start joining the projects in order to expedite the construction of the facilities. “We will address all the issues. The main thing is to complete the major works, provide electricity and water supply before winter. Thus, the comprehensive development of the Hi-Tech Park will be completed in H1 2015,” the PM said.
According to Director of the Hi-Tech Park Administration Valery Tsepkalo, a number of projects, including offices and infrastructure are implemented simultaneously on the territory of the Hi-Tech Park. “We have funds for the implementation of the project,” he noted.

In H1 2014 the output growth at the Hi-Tech Park considerably surpassed the growth of the world IT market. In January-June 2014 the overall production of software programs and service by HTP residents totaled Br2.8 trillion. The export of software and services by HTP residents made up $246.1 million. “The export increased by 30% from H1 2013 and we expect it will go up by 40% by the end of the year,” Valery Tsepkalo stressed. In H1 2014 HTP customers were companies from 53 countries. Among the main exporters are the United States, Russia, the UK, Germany, Finland, Latvia, Israel and the Netherlands. Exports accounted for 88% of the total output.