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Business news

22 May 2018

Plans to set up investor services center in China-Belarus industrial park

MINSK, 22 May (BelTA) – An investor services center will be established in the China-Belarus industrial park Great Stone. The statement was made by the head of the industrial park administration Alexander Yaroshenko during the session of the Exhibitions, Fairs, and Congresses Committee of the Belarusian Chamber of Commerce and Industry on 22 May, BelTA has learned.

Alexander Yaroshenko said: “The office building in the park was commissioned last year. There are plans to set up a center on the second stage of the building to provide comprehensive services to investors along the lines of the one-stop shop principle. The relevant model is in development. It will be new experience for Belarus. It will drastically differ from the one-stop shop principle. It will be the place where all the bodies in charge of making the relevant decisions will be located. Investors will not have to go to Minsk. All the administrative services will be provided in the park.”

At present the industrial park is home to 34 resident companies from China, Belarus, Germany, the USA, Lithuania, Austria, Russia, and Israel. “We position our park as a site for investments from any country. A special legal regime is in effect here as well as tax incentives. Facilities can be built and commissioned using simplified rules. We pay close attention to the observance of environmental regulations,” noted the head of the industrial park administration.

Alexander Yaroshenko also stressed that the industrial park has all the necessary infrastructure components for manufacturing enterprises and other facilities.

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