More than 200 guests took part in the international investment forum in Vitebsk

February 26, Vitebsk / Olga Bogacheva - BELTA /. More than 200 guests took part in the international business forum "Investment Initiatives of the Vitebsk Region", which was held in Vitebsk on February 25-26, the deputy chairman of the economics committee of the Vitebsk Regional Executive Committee, Konstantin Cherny, told a BELTA correspondent. About 70 forum participants are representatives of business circles and diplomatic missions from 11 states: Kazakhstan, Germany, Latvia, Poland, Russia, Ukraine, Adjara, Azerbaijan, Bulgaria, Venezuela, Slovakia. In addition, districts and cities of the Vitebsk region have prepared more than 150 investment proposals worth about $700 million. The declared projects are related to the organization of production of food products, agricultural machinery, building materials, woodworking, development of agro-ecotourism and roadside services, and construction of service facilities. During the business forum, five cooperation agreements were signed between the districts of the region and foreign partners, including four investment agreements. The construction of a hotel and a cultural and wellness complex in Vitebsk, a hangar complex for storage and maintenance of business aviation aircraft at the regional center's airport, as well as gas stations in Polotsk and Orsha are planned. The implementation of agreements under these agreements will attract about $11 million in investments to the Vitebsk region. During the forum, meetings were also held between the leadership of the regional executive committee and delegations from Kazakhstan, Poland, Latvia and Bulgaria, where cooperation options and intensification of investment and trade activities were discussed. -0-