VITEBSK

Economy of Belarus - - NEWS FROM FREE ECONOMIC ZONES -

Syrievye Resursy-bel, a new res­i­dent com­pany of the FEZ Vitebsk, is in­vest­ing about $13 mil­lion in the project to de­velop trans­porta­tion and for­ward­ing ser­vices and sell liq­ue­fied hy­dro­car­bon gases.

Most of the funds will be used to pur­chase spe­cial rail­way ve­hi­cles and de­velop a mod­ern eco-friendly trans­porta­tion in­fra­struc­ture. The project is ex­port-ori­ented as these ser­vices will be pro­vided to for­eign com­pa­nies only.

To­day there are more than 60 res­i­dent com­pa­nies in the FEZ Vitebsk, some of them are for­eign ones. They are For­tex (Be­larus-czech Repub­lic), Vitella (Ger­many), VIC An­i­mal Health (Be­larus-rus­sia), and oth­ers. The in­vest­ment projects are be­ing im­ple­mented in the fol­low­ing ar­eas: fuel in­dus­try, wood­work­ing, ve­teri­nary medicine, chem­i­cal in­dus­try, and ma­chine-en­gi­neer­ing.

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