Residents of the FEZ "Vitebsk" expanded the geography of export supplies to 6 countries in 2016

In total, according to the results of 2016, resident enterprises exported products worth over $325 million (this is one fifth of the total exports of organizations in the Vitebsk region). The growth rate of this indicator was 107.8% compared to 2015, with a target of 104.5%.

Products were supplied to partners from 49 countries, with the share of exports to the EU being 26.9% and to the CIS countries - 70%. A significant increase in export supplies was achieved to Uzbekistan (28.3 times), Bulgaria (26.9 times), Hungary (9.3 times), Finland (7.4 times), Georgia (5.6 times), China (3.9 times), Serbia (3.4 times).

To assist residents in establishing trade and economic ties with foreign companies, the administration of FEZ "Vitebsk" conducts active foreign economic activities using the capabilities of Belarusian embassies, the BelCCI, and official representatives of the Vitebsk FEZ abroad. In 2016, the FEZ administration signed 6 cooperation agreements with foreign organizations capable of assisting in finding potential investors, including the Lublin Business Club and the Lodz Regional Development Agency (Poland), the Belarusian-Turkish Business Club, and the consulting company "Schneider Group" (Germany).

36 enterprises with capital from 14 countries operate as FEZ residents in such sectors as machine building, electronics, veterinary medicine, chemical, fuel, food, light industry, and others. The total number of employees is almost 10.8 thousand people. According to the results of 2016, residents attracted $20.5 million in foreign investment. In total, over Br111.8 million was invested in fixed capital, which is almost 4.5 times higher than the same indicator in 2015. More than 70% of investment was directed towards the purchase of machinery and equipment. The growth rate of production volume was 132.4%, with a total output of over Br714 million. The share of innovative products exceeded 16%. FEZ