The new resident of the FEZ "Vitebsk" will invest $38 million in the creation of a waste processing plant.

November 30, Vitebsk / Sergei Kochetov - BELTA /. Belarusian-Russian joint limited liability company (JLLC) "VitEcoEnergo", registered as a resident of the FEZ "Vitebsk", plans to build an enterprise for the disposal and processing of solid municipal waste. This was reported to a BELTA correspondent by Oleg Kondratovich, Head of the Investment and Foreign Economic Relations Department of the FEZ Administration. The volume of investments in the project implementation will be about $38 million. It is planned to create a modern waste processing production facility on the territory of the FEZ in the Vitebsk region. The annual processing volume will be 270 thousand tons, or 840 thousand cubic meters of waste, with the extraction of almost 23 thousand tons of secondary material resources. The business plan of the project provides for the export of liquid processing resources in the amount of 70% of the total sales volume, including to Russia, Poland and the Baltic countries. At the same time, it is planned to use illiquid resources as raw materials for electricity generation. The production is expected to implement the ISO 9001 quality management system. The project implementation will create almost 80 jobs. The FEZ "Vitebsk" was established in August 1999. Today, 33 resident enterprises operate in the FEZ, which were created with the participation of investors from 13 countries, including Germany, Poland, the USA, the Czech Republic, Great Britain, Russia, Canada and a number of other countries. The industrial potential of the FEZ is based on enterprises operating in the field of mechanical engineering and metalworking, food, chemical, fuel and light industries. The average number of employees in the FEZ enterprises exceeds 8 thousand people. The territory of the free economic zone includes seven sectors with a total area of over 1.2 thousand hectares.