New In­dus­try, New Op­por­tu­ni­ties

Modern rail­car in­dus­try is in the mak­ing in Be­larus

Economy of Belarus - - INVESTMENTS - Vladimir VISH­NEV, Econ­omy of Be­larus Mag­a­zine

Am­bi­tious Goals

The new rail­car pro­duc­tion will be an ex­port-ori­ented and im­port sub­sti­tut­ing project, Prime Min­is­ter of Be­larus Mikhail Myas­nikovich said. To give the fledg­ling rail­car in­dus­try a com­pet­i­tive edge, the project will ad­dress mul­ti­ple tasks, from launch­ing rail­car pro­duc­tion to pro­vid­ing trans­porta­tion and lo­gis­tics ser­vices.

This is the un­der­pin­ning of the in­vest­ment pol­icy of GRAND EX­PRESS and its Be­laru­sian part­ners. In other words, the in­vest­ment pro­gram is meant to de­velop the tran­sit po­ten­tial of our coun­try, help Be­larus find its niche in the mar­ket and ex­pand cargo trans­porta­tion ser­vices.

The new in­dus­try is es­sen­tial for the suc­cess of the en­tire do­mes­tic econ­omy. This state­ment was made by Be­larus Pres­i­dent Alexan­der Lukashenko dur­ing his visit to Osipovichi Rail­car Com­pany this sum­mer. This makes per­fect sense. In­deed, much of Be­larus’ cargo is trans­ported by rail; there­fore, there is a great need for the rolling stock, com­po­nent parts and in­fra­struc­ture. This re­quires new high-tech pro­duc­tion fa­cil­i­ties and spe­cial­ists. To ad­dress these tasks, the Be­laru­sian govern­ment has sup­ported an in­vest­ment pro­gram run by Rus­sia’s GRAND EX­PRESS.

Head of the GRAND EX­PRESS’ of­fice in Be­larus An­drei Kushnarev said that the Rus­sian com­pany is run­ning a se­ries of in­vest­ment projects in Be­larus. They in­clude con­struc­tion of a plant mak­ing freight cars and tank con­tain­ers in Osipovichi. These freight cars and tank con­tain­ers will be op­er­ated by res­i­dent com­pa­nies of Be­larus. The projects also in­clude pro­duc­tion of new built-up steel rail­car trucks with im­proved prop­er­ties, es­tab­lish­ment of a mul­ti­pur­pose trans­porta­tion and lo­gis­tics cen­ter in Brest Oblast, cre­ation of a bear­ing pro­duc­tion, and con­struc­tion of Be­larus’ first mul­ti­pur­pose main­te­nance cen­ter for tank con­tain­ers com­pli­ant with Euro­pean en­vi­ron­men­tal re­quire­ments.

Thus, the national op­er­a­tor of tank con­tain­ers will have its own rolling stock; the lo­gis­tics ca­pac­i­ties of Brest will be em­ployed in full. The man­u­fac­ture of rail trucks and bear­ings will al­low in­creas­ing the lo­cal­iza­tion of rolling stock pro­duc­tion.

Spe­cial­ists have cal­cu­lated that each project is prof­itable sep­a­rately and has bright prospects. The im­ple­men­ta­tion of these projects as a whole will help en­hance the fi­nan­cial sus­tain­abil­ity of com­pa­nies and gen­er­ate an additional eco­nomic ef­fect.

An­drei Kushnarev un­der­lined that GRAND EX­PRESS came to Be­larus for three rea­sons: in­vest­ments, in­no­va­tions and im­port sub­sti­tu­tion. These prin­ci­ples re­main un­changed in the cur­rent eco­nomic environment. The ma­trix of the in­vest­ment strat­egy in­cludes the fol­low­ing:

• pro­mot­ing im­port sub­sti­tu­tion and grad­u­ally in­creas­ing lo­cal­iza­tion of rail­car pro­duc­tion;

• cre­at­ing modern lo­gis­tics in­fra­struc­ture, en­hanc­ing the tran­sit ap­peal of Brest District;

• ex­pand­ing the trans­porta­tion of in­no­va­tive bulk com­modi­ties in tank con­tain­ers;

• mar­ket­ing Be­larus-made prod­ucts (freight cars, rail trucks, bear­ings);

• ex­pand­ing the ex­port of prod­ucts and ser­vices, thus in­creas­ing for­eign currency rev­enues.

These goals are be­ing ful­filled, An­drei Kushnarev said. In par­tic­u­lar:

• mass pro­duc­tion of tank con­tain­ers for trans­port­ing chem­i­cal ma­te­ri­als was started;

• new types and mod­i­fi­ca­tions of tank con­tain­ers are be­ing de­vel­oped;

• an in­no­va­tive trans­port mar­ket niche is con­stantly ex­tend­ing due to in­creased bulk com­mod­ity trans­porta­tion in tank con­tain­ers;

• more goods are trans­ported on a reg­u­lar ba­sis, in­clud­ing im­port/ ex­port ship­ments;

• con­sid­er­able out­ward in­vest­ments are raised and currency earn­ings are in­creased due to the ex­port of ser­vices and, in the neart­erm, through the sales of pro­duced goods;

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