New resident of FEZ "Vitebsk" will develop the production of building materials
The enterprise was founded by domestic investors and specializes in the production of cement and concrete. During the project implementation, through own funds and borrowed financial resources, it is planned to acquire new equipment for expanding the product range and mastering the production of new products for the construction industry. This will allow increasing volume indicators, as well as entering new sales markets, including exporting products.
LLC "STS - BETON" became the 54th resident of FEZ "Vitebsk". In addition to registering new enterprises, work is underway to create the necessary conditions for the implementation of projects by existing FEZ residents. Thus, thanks to the significant organizational work done in 2020, decisions have been developed to attract budget funds for the development of the engineering and transport infrastructure of FEZ "Vitebsk". As reported by the Chairman of the Vitebsk City Executive Committee, Vadim Zaryankin, it is planned to attract over Br25 million from the national budget for these purposes. They will be directed towards creating additional energy capacities and railway access roads to the main FEZ site on the outskirts of the regional center. This will allow starting the creation of production facilities within the vertically integrated woodworking holding of the Lithuanian company VMG with a total investment volume of at least Br100 million. The project, for the implementation of which LLC "VMG WoodArt" is registered as an FEZ resident, provides for the organization of production of wood chips, wood boards, plywood, and furniture, including for the IKEA corporation.
In 2021, a resident of the FEZ, Akimata LLC, plans to launch the processing of low-grade timber and the production of wood fuel pellets, as well as small wood components. The project will create at least 35 jobs, and the volume of investment is estimated at about Br62 million. By the end of 2021, Solargamma LLC, established with the participation of Irish capital, intends to commission the first photovoltaic power plants at the main site of the FEZ in the area of the former military airfield in Vitebsk. Investments in the project will amount to almost Br70 million. At the same site, a Canadian investor and the company Belmatch, founded by him, will begin implementing a project to organize the production of matchsticks. IP VIK - animal health, SOOO Soyuz-cable, SOOO Natrix, Modern-Expo LLC, IP Vitella will continue to invest in their development.
The Vitebsk FEZ was established in 1999 and consists of 16 sectors with a total area of almost 2.8 thousand hectares, seven of which are located in Vitebsk, five in Orshansky, and one each in Vitebsky, Polotsky, Postavsky districts and Novopolotsk. The average number of employees in the FEZ organizations is 16.7 thousand people.