FEZ "Vitebsk" is organizing an international conference and investment exhibition for its 10th anniversary

October 5, Vitebsk / Sergey Kotovets - BELTA /. The Vitebsk Free Economic Zone (FEZ) will organize an international conference and an investment exhibition-fair timed to the 10th anniversary of the FEZ's establishment. The events will be held on October 15-16 at the Ice Sports Palace of the regional center, the FEZ administration informed a BELTA correspondent.

More than 100 businessmen from Russia, Germany, Latvia, Israel, Sweden, Poland, China, as well as heads of domestic enterprises, business structures and state administration bodies are expected to participate in the conference. The main goal of the events is to present the investment potential of the Vitebsk region and the advantages of implementing projects within the Vitebsk FEZ. Today, foreign investors show increased interest in working in Belarus, which is due to the measures taken to liberalize the conditions of economic activity in the country. Therefore, the planned events should contribute to the intensification of investment cooperation between the Vitebsk region and foreign partners.

The conference will feature the investment results of the Vitebsk FEZ's ten-year operation, as well as promising directions and projects planned for implementation. The FEZ administration will familiarize current and potential investors with the development of the territorial potential and infrastructure of the zone, and the founders of enterprises - residents of the FEZ will share their experience in implementing projects within the free economic zone. Conference participants will also be able to familiarize themselves with the products of the Vitebsk FEZ residents at the exhibition-fair, which will be held at the Ice Sports Palace. In addition, for potential investors, visits to resident enterprises and promising industrial sites within the FEZ that are ready for investment development will be organized.

FEZ "Vitebsk" was established in August 1999. Currently, 34 residents with the participation of investors from 13 countries, including Germany, the USA, Great Britain, Canada, the Czech Republic, Poland, and Russia, operate in the FEZ. The average number of employees at the enterprises exceeds 8 thousand people. Resident enterprises produce products for the fuel, chemical, light, food industries, and machine building, and are engaged in scientific research. The territory of the free economic zone includes seven sectors with a total area of over 1.2 thousand hectares.