Economy of Belarus - - NEWS FROM FREE ECONOMIC ZONES -

Just when 2011 was com­ing to a close, the FEZ Gomel-ra­ton wel­comed three new com­pa­nies. As of 1 Jan­uary 2012, the to­tal num­ber of the res­i­dent com­pa­nies of the FEZ made 81. The new­com­ers are Talen Grass (syn­thetic grass sur­face pro­duc­tion), Ealan (wooden pel­lets pro­duc­tion), and Gomel Car­riage Works (high-tech pas­sen­ger car­riages pro­duc­tion).

Set­ting up a high-tech rail­way car­riages pro­duc­tion fa­cil­ity by Gomel Car­riage Works is one of the key in­vest­ment projects not just for Gomel Oblast, but also for en­tire Be­larus. The com­pany was set up in part­ner­ship with Ukraine-based Kriukov Car Build­ing Works with 85% of shares be­long­ing to Be­larus and 15% of shares be­long­ing to Ukraine.

For­eign in­vest­ments are used for the tech­ni­cal up­grade of the now for­mer Gomel Car-re­pair Plant and pur­chase of cut­tingedge ma­chines and as­sem­bling tech­nolo­gies. By the way, apart from pas­sen­ger car­riages the com­pany will also make spe­cialpur­pose car­riages, such as rail spot­ters, mo­bile lab­o­ra­to­ries, and track-record­ing cars. The fact that about 4,000 jobs will be cre­ated by the new com­pany shows the scale of the project.

Ac­cord­ing to ex­perts, the plant will fully meet the de­mand of Be­laru­sian Rail­ways for pas­sen­ger car­riages as it will pro­duce over 180 mod­ern com­fort­able cars by 2015. Be­sides, prod­ucts of the Be­laru­sian-ukrainian joint ven­ture will be ex­ported to other CIS coun­tries and Baltic states.

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