High activity of national investors is noted in Vitebsk
The Vitebsk City Executive Committee notes the high activity of national investors in the regional center. This was announced at a session of the city council, where the results of the socio-economic development of the regional center in 2012 and the draft forecast indicators for 2013 were discussed, said the Chairman of the Vitebsk City Executive Committee Viktor Nikolaikin, a BELTA correspondent reports.
Thanks to Belarusian investors, Vitebsk is experiencing intensive development of its retail and public catering networks, which allows for providing the population with retail outlets located within walking distance and creating healthy competition among retail operators. The mayor named Eurotorg LLC, Vitebsk companies Firma Omega, Nika, and Vitebskiye Produkty among the most active investors. Over the past two years, more than 70 production and non-production facilities have been commissioned in the city, including over 30 in 2012.
From January to November, Br2.4 trillion of investment in fixed assets was mastered in the city. Half of the total investment volume was directed to new construction, 36.8% to reconstruction and modernization. The largest volume of investments was attracted to manufacturing industries – 28.6% of the total volume, trade, car repair – 14.4%, transport and communications – 12.6%. The highest investment activity is shown by open joint-stock companies Vitebskdrev, Vitebskiy Myasokombinat, Vitebskiy Masloekstraktniy Zavod, Vitebskiye Kovry, private enterprises Rubikon, Alyansplast, and foreign enterprises Global Vitebsk, Prodeksim, Soyuz-kabel.