Investor profile of Gomel Oblast, Belarus

The Gomel region lies in the south east of the country bordering Russia and Ukraine. It is the largest in Belarus by population, with 1.5 million, and home to its second city, Gomel.

Over 22% of Belarus’ output is generated in the region’s key industries of steel and rolled metal production, machine-building, chemical, timber, woodworking, and food industries.

The region’s agricultural land was affected by fallout from the Chernobyl disaster, however there are plans to use the land to produce biofuels which is also thought to assist the decontamination process.

Gomel-Raton Free Economic Zone

Established in 1998 in Gomel, south eastern Belarus, close to Russia, Ukraine, and central Europe.

• 36 members, of which 21 are foreign-backed, with US $90 million of investment from 10 countries
• On the Helsinki-Athens transport corridor, with a dedicated logistics hub, a Customs clearing zone, extensive rail-side warehousing and spur-tracks to FEZ businesses
• Gomel city has an international airport and a river port, linked to the Black Sea, equipped to handle bulk cargo
• Boasts a variety of business-ready premises with potential for expansion, ready and waiting to accommodate newcomers to the FEZ
• Specialises in plastics, with businesses such as Alkopack, a plastic packaging and pipe manufacturer from Germany
• Other key businesses operate in the areas of electronics, electrical engineering, electric component, cabling and machine building

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