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Information about the results of the work conducted in the network of the Belarusian investment economic forum and the sixth plenary meeting of the International Investment Advisory Council under the Council of Ministers of The Republic of Belarus

On November 12 and 13, 2009 in Minsk the Belarusian Investment Economic Forum and the sixth plenary meeting of the International Investment Advisory Council under the Council of Ministers of the Republic of Belarus were held in the public institution “The National Library of Belarus”.

More than 680 people participated in the work of the forum, out of which 450 are international representatives from 49 countries of the world. Among principal member states are Russia (46 representatives), Germany – 40, France – 21, Great Britain – 19, USA – 15, Lithuania – 10, Sweden and Poland – 9 representatives each.

Among honorary members of the forum are:

- К. Prunskiene, former Prime Minister of Lithuania, doctor of Economics, professor (The Republic of Lithuania);

- Sergey Glaziev, senior secretary of the Customs Committee of the Customs Union of Belarus, Russia and Kazakhstan (Russia);

 - Sergey Krylov, vice-president of public authorities relations “Siemens Ltd” (Russia);

- P.A. Forest’er, regional Director of European Bank of Reconstruction and Development in Belarus, Moldova and the Caucasus (Great Britain);

- Chantal Dupasque, manager of the Investment Policy Survey preparation Department (Switzerland);

            - James Wilson, manager of the Business Council “Belarus – EU” (Kingdom of Belgium);

- Giovanni Salvetti, managing director of the Investment Bank “Rothschild” in Central and Eastern Europe (France).

In the network of the first day of the forum the principal event was holding a plenary meeting.

At the plenary meeting a number of offers to improve further cooperation with international investors in the Republic were stated by international speakers.

Also during the first day of the forum 4 conferences were held:

1. Customs Union and WTO. Priorities. (Moderator: A.A. Evdochenko, deputy Minister of foreign affairs).

2. Small and medium business in Belarus. Development prospects. Moderator: A.N. Tur, deputy Minister of Economy).

3. Privatization in Belarus. When? (Moderator: S.A. Pyatkov, Prime Deputy Chairman of Property State Committee).

4. Financial market development: today and tomorrow. (Moderator: S.A.  Kostuchenko, Chairman of the Board of Directors of the public corporation “Priorbank”).

According to the Forum participants, the conferences subject area was of great interest among the foreign investors.

            Foreign companies’ representatives stated 49 offers on holding negotiations with the Prime Minister of the Republic of Belarus S.S. Sidorsky, and with Deputy Prime Ministers of the Republic of Belarus as well.

On November 12, 2009 the first day of the Forum ended in the signing of the investment contract “On establishment of a logistic park in the Republic of Belarus based on the all-purpose structure for treatment of cargos carried by air, railroad and car in the National Airport “Minsk” between the Republic of Belarus in the person of the Ministry of Transport and Communication and Belgian company “AOI NV”.

Aggregate investments equal 288,605 thousand euros. Validity period of the agreement is by 2021.

            In the context of the 5 industry sections held at the Forum, more than 100 investment projects were presented.

            1. Energy sector and petrochemical industry. Energy effectiveness and alternative sources of energy (Responsible: Y.V. Rymashevskiy, Deputy Minister of Energy)

            2. Promotion of the agro-industrial complex, food and light industry. Productivity growth and sales markets development.

            3. Infrastructure: transport, logistics, tourism. Construction and Housing and communal services (Responsible: N.P. Verhovets, First Deputy Minister of Transport and Communication).

            4. Innovation technologies development (Responsible: I.V. Voitov, Chairman of the Science and Technology State Committee).

            5.  Regions and Free Economic Zones. Incentives for investors. (Responsible: P.K. Zhabko, First Deputy Minister of Economics).

             On November 12 and 13, 2009 during the Forum an exhibition was held, where Belarusian companies presented stands, mockups, and boards.
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Investment proposals
Reconstruction of workshop N1, organization of production of fireproof bricks with dolomite powder on Obol ceramic plant
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The project foresee the Reconstruction of a workshop N1, to organize the production of fireproof bricks with dolomite powder used for civil and industrial construction
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Reconstruction of a canopy with the organization of the additional industrial - warehouse located on 25 Engineering Str.
1.325 mln.USD
We want to use the basic means of the enterprise more rational, to reception the greatest profit, to catch the most stable financial and economic conditions. Because Belinventar’torg plans to introduce this project.
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