In the Gomel region industry is the most popular field of investment. The region has already exceeded the annual plan for attracting foreign direct investment.
By the end of this year the region has been expected to receive nearly $ 90 million, but now this figure is closer to $ 140 million. Processing, transportation of oil and metallurgy provoke interest to the investors. One of the most promising projects has been successfully realized at Belarusian Steel Works. Here, with the participation of German capital a new gas-oxygen station has been launched. It separates air into oxygen, nitrogen and argon, the gases can be used in the process of steelmaking.
“The money earned by foreign business is not taken out of the economy, it is put in the development. New objects are created. Thus it gives extra work places, wages, tax base and, of course, an essential step in the development of the economy on the whole ”, — said Alexander Zhukevich, Head of the Department of Scientific and Innovation Activities and Investments of the Economy Committee of Gomel Regional Executive Committee.
The largest volume of funds was received from investors from Russia, Ukraine, Germany, Italy and Lithuania. Cooperation with China is among the future prospects. Partners have already announced their willingness to invest in the projects of the Great Silk Road.
Source: ont.by