Great Stone Industrial Park attracts $650 million in investments since foundation - chief administrator
<p> MINSK, Feb 12 - PrimePress. The China-Belarus Industrial Park Great Stone (Minsk Oblast) has attracted $650 million in investments over the entire period of its operation. Head of the Great Stone Park administration Alexander Yaroshenko released this figure in his address to the VI All-Belarusian People's Congress on February 12. </p> <p> </p> <p> Yaroshenko said that about half of the enterprises of the Great Stone Park are already operating. They employ about 1,000 persons and the average salary is Br2,500 ($971 at the exchange rate of the National Bank of Belarus). </p> <p> </p> <p> “The Great Stone Park is not just a free economic zone or a logistics terminal. It is first and foremost one of the key platforms of the New Silk Road. It is an element of Belarus’ global positioning and a fulcrum for China as a territory of accelerated economic growth and technological development. It is an international smart eco-city of the future for 10 thousand people with the most advanced production facilities of tomorrow,” said Yaroshenko. </p> <p> </p> <p> The Great Stone Park is located in the area of the Minsk National International Airport in the area of 112.5 sq. km. The special preferential legal regime is granted to the Park until 2062. Its residents mainly focus on electronics, biomedicine, fine chemistry and mechanical engineering. The declared investment for residents is $5 million (at least $500,000 for a research project). The land in the Park can be privatized. Sixty-seven companies from 15 countries are registered as residents of the park, with total declared investments of over $1.2 billion. End </p>
2021-02-13
Primepress
MINSK, Feb 12 - PrimePress. The China-Belarus Industrial Park Great Stone (Minsk Oblast) has attracted $650 million in investments over the entire period of its operation. Head of the Great Stone Park administration Alexander Yaroshenko released this figure in his address to the VI All-Belarusian People's Congress on February 12.
Yaroshenko said that about half of the enterprises of the Great Stone Park are already operating. They employ about 1,000 persons and the average salary is Br2,500 ($971 at the exchange rate of the National Bank of Belarus).
“The Great Stone Park is not just a free economic zone or a logistics terminal. It is first and foremost one of the key platforms of the New Silk Road. It is an element of Belarus’ global positioning and a fulcrum for China as a territory of accelerated economic growth and technological development. It is an international smart eco-city of the future for 10 thousand people with the most advanced production facilities of tomorrow,” said Yaroshenko.
The Great Stone Park is located in the area of the Minsk National International Airport in the area of 112.5 sq. km. The special preferential legal regime is granted to the Park until 2062. Its residents mainly focus on electronics, biomedicine, fine chemistry and mechanical engineering. The declared investment for residents is $5 million (at least $500,000 for a research project). The land in the Park can be privatized. Sixty-seven companies from 15 countries are registered as residents of the park, with total declared investments of over $1.2 billion. End