New resident of FEZ "Vitebsk" will allocate $18 million for the development of transportation and freight forwarding services

July 12, Vitebsk /Sergey Kochetov - BELTA/. The new resident of the FEZ "Vitebsk" - LLC "Gruzovaya Sluzhba" - plans to develop freight transportation and provide freight forwarding services, as reported to a BELTA correspondent by the investment and economic department of the FEZ administration.

The investment volume in the project implementation will amount to $18 million, which will be mainly directed towards the acquisition of rolling stock (railway gondola cars, flatcars and cement trucks). The enterprise, established with the participation of a Belarusian investor, intends to actively develop freight transportation under export contracts, and will also provide services for the lease of railway rolling stock. In addition, one of the business lines of "Gruzovaya Sluzhba" will be the provision of freight forwarding services, including planning optimal routes considering border crossings at convenient customs points, selecting transport with the required parameters, as well as a number of related services.

The project is export-oriented, and services are planned to be provided to non-residents of the Republic of Belarus, including those from Russia, other CIS countries, and the Baltic states.

LLC "Gruzovaya Sluzhba" became the second resident of the Vitebsk FEZ to operate on the new "Yuzhnaya" site in Orsha. This site consists of three sectors: "Severny Promyshlenny Uzol" (Orsha), "Lyos" (Baran), and "Avioremontny Zavod" (urban-type settlement Bolbasovo), with a total area of over 520 hectares, and was included in the Vitebsk FEZ by Decree of the President of Belarus No. 674 of December 24, 2010. As a result of the expansion of the FEZ borders, sectors located in Vitebsk were also included in its composition. Consequently, the total area of the Vitebsk FEZ is over 2.1 thousand hectares and includes 12 sectors located within the city limits of Vitebsk, Postavy, Orsha, Baran, the urban-type settlement of Bolbasovo (Orsha District), as well as in the Vitebsk District.

FEZ "Vitebsk" was established in August 1999. Currently, 42 investment projects are being implemented in the FEZ. More than 60% of the FEZ "Vitebsk" residents are joint and foreign enterprises, established with the participation of investors from 13 countries, including Germany, Poland, USA, Czech Republic, Great Britain, Russia, Canada, Holland, and Israel. The industrial potential of the FEZ is based on enterprises operating in the fields of mechanical engineering, woodworking, food, chemical, fuel, and light industries.-0-