Belarus Intends to Attract USD 2.7 bn worth of Foreign Investments
OREANDA-NEWS. January 22, 2010. No less than USD 2.7 billion worth of foreign direct investments should be attracted into Belarus’ economy in 2010, Prime Minister of Belarus Sergei Sidorsky said before the award ceremony of the Belarusian best companies of 2009 in Minsk.
These investments along with the creation of new production facilities and technologies will help the country settle the problem of the foreign trade deficit. According to Sergei Sidorsky, every company should be interested in technical upgrading, increase of exports and reaching a trade surplus.
In 2010 the capital investments are projected to increase by 23% or 25%. “The investments should be attracted into competitive productions only. Every ruble of investments should generate 2 or 3 rubles of profits,” the Prime Minister added.
Sergei Sidorsky also noted that 2010 is an important year as it is the final one in the five-year term of development of the Belarusian economy. The results of the five-year period will largely depend on 2010 results. It is necessary to spare no effort to meet all the targets in the economy and social area and to reach the pre-crisis economic growth rates. The Prime Minister said.




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