Exports of goods by residents of the FEZ "Vitebsk" in January-September increased by almost 30% to $97 million.

More than 90% of exports go to CIS countries, with Russia's share in the total export volume exceeding 80%. This year, FEZ residents also conducted foreign trade operations with partners from Germany, the USA, Austria, Lithuania, and Latvia. Raw materials, materials, and components were imported for $87.6 million, or 101% compared to January-September 2009. Based on the foreign trade activities of the FEZ "Vitebsk" for January-September, a positive balance of $9.5 million was formed (excluding oil and oil products, the positive balance was $11.3 million). Over nine months, FEZ residents attracted foreign investments totaling about $19.4 million, including $13.2 million in direct investments. The main share of foreign direct investment (almost 70%) was the reinvestment of profits by foreign investors in the development of existing production facilities. November 1, Vitebsk /Sergey Kochetov - BELTA/. The export volume of goods from enterprises-residents of the FEZ "Vitebsk" in January-September 2010 increased by almost 30% compared to the same period in 2009 and amounted to over $97 million, the FEZ administration informed a BELTA correspondent. More than 90% of exports go to CIS countries, with Russia's share in the total export volume exceeding 80%. This year, FEZ residents also conducted foreign trade operations with partners from Germany, the USA, Austria, Lithuania, and Latvia. Raw materials, materials, and components were imported for $87.6 million, or 101% compared to January-September 2009. Based on the foreign trade activities of the FEZ "Vitebsk" for January-September, a positive balance of $9.5 million was formed (excluding oil and oil products, the positive balance was $11.3 million). Over nine months, FEZ residents attracted foreign investments totaling about $19.4 million, including $13.2 million in direct investments. The main share of foreign direct investment (almost 70%) was the reinvestment of profits by foreign investors in the development of existing production facilities. Based on the nine-month results, FEZ residents used Br43.6 billion in investments, of which almost 84% was directed to fixed capital. Taking into account the utilization of funds from the republican budget for the development of the FEZ "Vitebsk" infrastructure, the total volume of investments in fixed capital for the FEZ amounted to Br39.7 billion, which in comparable prices is more than 15% higher than the figure for the same period in 2009. In January-September, the volume of industrial production at resident enterprises amounted to Br487.7 billion and increased by 17.4% in comparable prices compared to the same period last year. Almost half of the total production volume consists of import-substituting products; a total of 14 resident enterprises of the FEZ "Vitebsk" are included in the import substitution program. Revenue from the sale of products (works, services) amounted to Br557 billion, and net profit was Br7 billion. Payments by FEZ residents to the budget and extrabudgetary funds increased by 10.3% compared to January-September 2009 to Br56.7 billion. Over nine months, more than 450 jobs were created at resident enterprises, and their total number as of October 1 exceeded 9,000. The FEZ "Vitebsk" was established in August 1999. Currently, there are 37 residents operating in the FEZ, 5 of which were registered this year. The industrial potential of the FEZ is based on enterprises operating in the fields of machine building, woodworking, food, chemical, fuel, and light industries. The territory of the free economic zone includes seven sectors with a total area of over 1.2 thousand hectares.