Innovative products account for 28% of the Vitebsk region's economy

In the structure of the Vitebsk region's economy, innovative products account for 28%, as reported to journalists by the Chairperson of the Regional Executive Committee's Economics Committee, Anzhelika Nikitina.

According to her, the Regional Executive Committee is taking all measures to increase the share of innovative products. "These are mainly products of petrochemistry, pharmaceuticals, wood and metal processing, and light industry. 50% of goods in this category are supplied for export," noted Anzhelika Nikitina.

There are four technoparks in the northern region (three of them are based at universities), and 125 organizations are developing innovative types of products. The issue of their implementation into the economy is acute, as it takes a long time to create products. "It is important to interest educational institutions in product development by establishing their interaction with consumers (enterprises of the region)," added the Chairperson of the Economics Committee.

Today, the congress event "Innovative Development of the Vitebsk Region" is taking place at the administration of FEZ "Vitebsk". Regional and republican educational institutions presented their developments at the exhibition. Several seminars will be held, and a business contact exchange will operate. Based on the results, agreements and protocols of intent for cooperation are planned to be signed for the subsequent application of developments in mechanical engineering and the food industry.

The event was organized by the State Committee on Science and Technology of Belarus, the Economics Committee of the Regional Executive Committee, FEZ "Vitebsk", and the Vitebsk Regional Marketing Center.

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