The 16th Gomel Economic Forum gathered together in Gomel participants from 28 countries of the world – Armenia, Bulgaria, India, China, Vietnam, Lithuania, Poland, Serbia, Estonia and others. These are representatives of the diplomatic corps, leaders of partner regions and business circles.

During the Forum, eight protocols and an agreement of intent were signed. Almost all contracts relate to the real sector of the economy. As it was noted by the Acting Chairman, the First Deputy Chairman of the Regional Executive Committee Gennady Solovey, the quantity, and most importantly, the quality of the investment agreements of the Forum, is growing from year to year. What is important, the number of enterprises, workplaces, the level of citizens’ well-being is growing.

As Deputy Minister of Economy of Belarus Yury Chebotar noted, Gomel region is a traditional leader in the country in terms of investment attractiveness. The trend is only increasing, which is promoted by Decree of the President No.7 “On the Development of Entrepreneurship”, which eliminated many administrative barriers in business and reduced the list of requirements for businessmen.

Gomel region also has logistical advantages, while a long range of preferences is provided for investors. Foreign capital in our region is really comfortable. Ambassador Extraordinary and Plenipotentiary of the Republic of India in the Republic of Belarus Sangeeta Bahadur spoke about plans to invest in Gomel region. Two months ago, she said, negotiations began on the creation of a joint pharmaceutical enterprise in our region. Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus in Romania Andrey Grinkevich told about the readiness of Romanians to increase imports of Belarusian goods into the country – these are mainly chemical products, metallurgy, glass and building materials.

The XVI Gomel Economic Forum will certainly be an additional impetus for investment – it can already be said with absolute certainty. At the plenary part of the Forum eight protocols of intent and one agreement on cooperation were signed.

The total amount of the portfolio of contracts is calculated at 130 million USD, the creation of 500 new workplaces is expected. For example, at JSC Gomelstroymaterialy, a project is planned for the reconstruction of a workshop for thermal insulation materials for 30 million Euros with the creation of 70 workplaces. On the territory of the FEZ “Gomel-Raton” the Estonian company intends to build a woodworking plant with a design capacity of more than 160 thousand cubic meters of sawn timber per year. 100 workplaces will be created here.

In Gomel, it is planned to build an authorized service center for the repair of Volvo trucks and trailers. Also in the plans are the organization of the production of knitted fabrics at the BELFA factory in Zhlobin, hydraulic equipment at the FEZ Gomel-Raton, the recycling of polymeric materials in Buda-Koshelevo district and the processing of metallurgical wastes in Zhlobin district. And yet – the construction of a plant for the extraction of kaolin clay in Zhitkovichy district (deposit “Dedovka”).

In addition, an agreement of intent to promote the production of JSC “Rogachev Dairy Plant” to the territory of the Russian Federation was signed. To promote its implementation will be the company “Unicom”. The parties intend to conclude an agreement to represent the interests of the Rogachev enterprise on the Russian market with a specified sales volume of about 35 million USD per year.

Within the framework of the forum, two more important documents were signed: a memorandum of cooperation between the Gomel and Fergana regions (Uzbekistan) and an agreement on the establishment of friendly and twin-city relations between the Mozyr region and the Vulkanesht region of Gagauzia (Moldova).