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Business news

25 Apr 2016

Mogilev investment forum to gather businessmen from over 30 countries

MOGILEV, 26 April (BelTA) – The 8th international investment forum Mill of Success will take place in Mogilev on 4-5 November 2016, Mogilev Oblast Vice Governor Viktor Nekrashevich told a briefing on 25 April, BelTA has learned.

This traditional event is held once in two years, every time expanding its format and the number of participants. Partaking in the forum are representatives of well-known world banks, European business organizations, local and national authorities, chambers of commerce and industry of foreign states, government bodies. This year Mogilev expects guests from more than 30 countries.

“Mogilev Oblast has all necessary doing business conditions. We have a good history of success. The region is among the country’s leaders in attracting foreign direct investment. It is enough to name such big projects as the development of the woodworking cluster VMG Industry, the production of technical carbon by Omsk Carbon Mogilev and others,” Viktor Nekrashevich said.

In his words, the forum will show investors that any business in Mogilev Oblast can produce a profit. Besides, the oblast has a well-developed transport infrastructure, logistics, highly qualified workforce, and a favorable geographical position.

“At the investment forum we will actively popularize the south-east part of Mogilev Oblast which provides unprecedented conditions for doing business, develops necessary infrastructure. Krichev District alone is ready to offer 26 investment platforms to set up new high-technology manufacturing facilities,” said Viktor Nekrashevich.

The forum will help attract investment, develop export, enhance competitive ability of the Mogilev Oblast product, establish international economic ties. The draw of the forum will be an exhibition-presentation of investment and innovative projects of the region that will showcase the best proposals in the Mogilev Oblast priority development areas.

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