OREANDA-NEWS. July 14, 2008. In 2008, the Trade Ministry companies plan to implement 11 innovation projects, of them five projects are on the creation of trade-logistics centers abroad, one – on polypropylene processing production, five – on the modernization of boilers and installation of new technological equipment, it was learnt from press-secretary of the Trade Ministry Elena Kovaleva.

The state programme on the innovation development of the Republic of Belarus 2007-2010 provides the implementation of 13 most important innovation projects.

For the last three years, capital investments of the Trade Ministry companies soared more than three times. Some 70% of the total investments were put in the acquisition of machines, equipment, transport means. Another important investment area is introduction of energy-saving technologies including local fuels.

In 2007, the Trade Ministry implemented a project on the installation of modern knitting equipment in Charovnitsa Company. The efficient multifunctional equipment will make high-level products of different variations, use new types of feedstock and considerably reduce hand work.