ED­I­TORS’ NOTE

Economy of Belarus - - NEWS FROM FREE ECONOMIC ZONES -

The FEZ Minsk was founded in 1998 to raise do­mes­tic and for­eign in­vest­ments into high-tech pro­duc­tion fa­cil­i­ties and to cre­ate fa­vor­able con­di­tions for the re­gion’s eco­nomic growth.

As of 1 Jan­uary 2012, 139 eco­nomic en­ti­ties were reg­is­tered with the FEZ Minsk. In 2011, cap­i­tal in­vest­ment rose by 90% as against 2010 to Br380 bil­lion. The FEZ man­u­fac­tur­ing out­put rose by 89% to make Br4,787.2 bil­lion.

Last year’s ex­ports rose by 65% to $625.9 mil­lion. Sup­plies to non-cis coun­tries in­creased 2.3 times. In 2011, the FEZ Minsk had a for­eign trade sur­plus of $89.1 mil­lion. For­eign di­rect in­vest­ments were es­ti­mated at $51 mil­lion.

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