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Advantages of Belarusian-Chinese technical park presented at business forum in Beijing
07 June 2012
MINSK (BelTA) – Representatives of the Belarusian Economy Ministry took part in the business forum held in Beijing as part of a session of the Heads of State Council of the Shanghai Cooperation Organization. Belarusian experts highlighted new business opportunities that are emerging in the Customs Union and the Single Economic Space, representatives of the Public Relations Department of the Belarusian Economy Ministry told BelTA.
The key point of the Belarusian report was the presentation of opportunities that will be available in the future Belarusian-Chinese complex industrial zone in Minsk Oblast as well as the incentives the park will provide to its residents. Close attention was drawn to the project’s orientation to set up innovative environmentally friendly Greenfield enterprises, to attract world-recognized brands and to introduce progressive one-stop service procedures.
The source said the Belarusian head of state had signed a decree on the Belarusian-Chinese industrial park. The decree stipulates the legal foundation and the business preferences that will be available to participants of the project.
Individual institutions that play an important role in promoting innovations and high technologies in Belarus were mentioned at the business forum. In particular, the Hi-Tech Park was founded in 2005 and now offers high-quality software and IT services.
According to the UN evaluations made in 2011, Belarus occupies the 65th position in the world and the first position in the CIS in the human development index, this is why Belarusian experience could be useful both for partners in the Customs Union and the Single Economic Space and neighboring countries.
Participants of the forum also discussed opportunities to enhance regional economic cooperation and reveal new development opportunities. They talked over direct investments, innovations in the area of high technologies and other matters. Concrete plans for joint work in 2012-2013 and beyond were outlined.