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From 29 September through 2 October 2020 National Agency of Investment and Privatization will take part in the International Forum on Smartification of the Real Sector of Economy “Smart Industry Expo” (SIEx) and the International Specialized Exhibition “BELAGRO-2020” to take place in the Minsk football arena at 20/2 Pobediteley Avenue.
On September 30, during the panel session “Talks with Investors. Investing in Smart Industries in EAEU & Eastern Partnership Countries” NAIP Director Dzmitry Krasouski along with other experts will discuss current trends, challenges and prospects for the development of digital transformation of industrial enterprises in our region.
On October 1, at the forum “Investment, Innovation and Export Potential of Agriculture and Agricultural Engineering Industry of Belarus” during “BELAGRO-2020” NAIP will present unique online tools of the interactive online portal “Investor’s Roadmap”, key advantages of the preferential regimes in Belarus and services NAIP provides to support investment initiatives.
An Agreement of Cooperation between the National Agency of Investment and Privatization and the Investment Development Agency ofthe Pskov Region is also expected to be signed on the sidelines of the upcoming events.
A Plan of Cooperation between the Standing Commission on International Affairs of the House of Representatives of the National Assembly of the Republic of Belarus and the National Agency of Investment and Privatization was signed today during the media briefing held at NAIP.
The document aims to strengthen the work on foreign investment attraction through consolidation of Agency professionals’ expertise and the opportunities members of parliament have to follow-up promising projects with local authorities and parliament representatives of foreign states.
“We a building a team which will help investors find common ground with local authorities to manage all the issues related to the [investment] projects implementation. The Plan is the first step, we have never done this before, but we are eager to try”, – stressed Mr. Andrei Savinykh, Chairperson of the Standing Commission on International Affairs, House of Representatives of the National Assembly of the Republic of Belarus.
Elaborating on our country’s investment attractiveness, Mr. A.Savinykh added that Belarus, while being part of the emerging large macroregion – EAEU, has a beneficial location due to its vicinity to the European technology and capital markets.
On July 22, 2020 the National Agency of Investment and Privatization held a briefing for the Belarusian media on the International Investment Conference “From Recovery to Sustainable Growth” to be organized on July 31, 2020 in partnership with the United Nations Conference on Trade and Development (UNCTAD).
The briefing saw participation of Mr. Dzmitry Krasouski, NAIP Director and Mr. Andrei Savinykh, Chairperson of the Standing Commission on International Affairs, House of Representatives of the National Assembly of the Republic of Belarus.
NAIP Director noted that the event’s online format, determined by the pandemic-related measures introduced in many other countries, helps to draw attention to investment opportunities in Belarus of those target audiences, who would hardly find time to visit Minsk for a traditional 2- or 3-day long offline-event.
“Though we do have experience of events in similar remote format, it is the first time we are doing an event of this scale. Above all else, this allows us to experiment with some technical novelties and new marketing solutions”, – emphasized Mr. Dzmitry Krasouski.
More information about the conference and registration are available at https://conference.investinbelarus.by/.Participation is free of charge. Number of participants is limited.
On July 14, 2020 “Belmatch” LLC was registered as a new resident in the free economic zone ‘Vitebsk” to launch the work on matchwood production at a manufacturing site in the town of Postavy.
The project worth $ 4 million is being implemented with support of the National Agency of Investment and Privatization. The first meeting with the SOCALCO SARL, owned by a Canadian investor, took place at the Belarus Industrial & Investment Forum in Minsk in September 2019. As a follow-up, NAIP arranged fruitful negotiations for the investor with decision-makers in Belarus which resulted in the FEZ “Vitebsk” becoming the place for the future production.
The enterprise output is expected to be fully exported, primarily to the priority markets in Africa, South America and India. Around 70 workplaces will be created for the new production site.
SOCALCO SARL (Congo), owned by a Canadian investor, is a subsidiary of DEWJI International headquartered in the UAE and the largest matchsticks producer in Africa.
On July 10, 2020 the leadership of the National Agency of Investment and Privatization met with Mr. Roman Sobolev, Deputy Director for Commercial Affairs of the national logistics operator “Bremino Group” LLC (the managing company of SEZ “Bremino-Orsha”).
The special economic zone’s logistics and manufacturing capabilities along with its competitive advantages were high on the meeting’s agenda in terms of FDI attraction and new regional value chains development.
The participants also discussed priority areas for joint work with potential and current investors for the foreseeable future.
Agreement between the National Agency of Investment and Privatization and the Mogilev Region Development Agency on collaboration in investment attraction was signed in Minsk on July 10, 2020.
The document aims to expand cooperation between the two agencies to promote the positive investment image of Belarus with focus on the regional economic potential, as well as to exert joint efforts for elaboration of concrete projects with potential investors.
On July 9, 2020 the leadership of the National Agency of Investment and Privatization, while visiting the China-Belarus Industrial Park “Great Stone”, explored the potential and dynamics of this preferential regime’s territory development.
The meeting with the leadership of the Park Administration saw constructive discussions through the lens of the “Great Stone” capabilities about priority investment areas to work on with potential investors.
The meeting participants agreed to intensify joint efforts aimed to attract foreign investors for the implementation of technology-intensive innovative projects in the Park which will serve the interests of the national economy.
On June 30, 2020 the leadership of the National Agency of Investment and Privatization visited FEZ “Vitebsk”.
In the meeting with the chief executives of the free economic zone administration special attention was devoted to Vitebsk Region economic capabilities, promising investment projects with focus on the region’s industrial potential and efficient formats for the joint work to attract foreign investment and encourage local entrepreneurial initiative.
While visiting FEZ residents Soyuz-Cable FLLC and Modern-Expo LLC, NAIP representatives explored companies’ experience and plans for further development in the scope of the growing trend of trade regionalization and production localization increase.
On June 26, 2020 Mr. Dzmitry Krasouski, Director of the National Agency of Investment and Privatization paid a working visit to Mogilev.
Mogilev Region investment potential with focus on the most promising projects and ideas to work on with potential investors, as well as plans to intensify mutual efforts to facilitate foreign investment attraction in the region were high on the agenda in the Director’s meeting with Mr. Ruslan Strakhar, Deputy Chairman of the Mogilev Region Executive Committee.
During the visit to FEZ “Mogilev” D.Krasouski held a meeting with the leadership of the free economic zone administration where he discussed experience and plans to promote investment attraction and exchanged views on efficient tools to interact with current and potential investors in view of the latest global trends and the present economic situation in the world.
With the active assistance of NAIP, the Russian company “CenterProgramSystem”, which develops and implements up-to-date software solutions for the management of businesses, is now working on possible cooperation with Belarusian partners in application of advanced digital technologies at Belarusian agricultural enterprises.
With the aim to provide a meaningful support to the CPS-initiated research of this sector’s potential, NAIP held relevant preliminary discussions with key actors in the Belarusian agro-industry, prepared a list of potential Belarusian partners with interest in eventual collaboration and arranged a number of online meetings and video negotiations with major Belarusian manufacturers of agricultural machinery, Hi-Tech Park residents, farm businesses and Gorki tech park.
Participants noted the high level of the Belarusian agro-industry and identified new opportunities to utilize its vast potential, particularly considering the advanced innovation infrastructure in Belarus and the High-Tech Park attractive preferential conditions. Following the productive negotiations, the parties agreed on the next steps to elaborate this promising investment cooperation.
NAIP will continue to render comprehensive assistance to all those interested in the implementation of investment projects for the adoption of advanced digital systems in the Belarusian agro-industry.
