OREANDA-NEWS. July 07, 2008. In Q1 2008, Belarus attracted \\$21,1 billion of foreign investments, up 1,7 times over the same period of 2007, First Deputy Prime Minister of Belarus Vladimir Semashko stated at a joint session of the two chambers of the Belarusian parliament.

Direct investments totaled \\$617,5 million, up 2,4 times from January-March 2007.

According to Vladimir Semashko, the majority of foreign investments were attracted by private companies. Investments in the fixed capital are usually own funds of organizations, budget resources, bank loans and resources of the population.

Investing in the industry has been slow.