Investment projects, import substitution: Alexander Subbotin visited enterprises in the Polotsk region

Chairman of the Vitebsk Regional Executive Committee Alexander Subbotin visited several enterprises in the Polotsk district, where he familiarized himself with their production base and development prospects. This was reported to a BELTA correspondent by the Vitebsk Regional Executive Committee.
The head of the region visited a Polotsk enterprise that specializes in the production of protective helmets, including motorcycle and equestrian helmets, body armor, shields, guards, etc. It also produces import-substituting products. It is a resident of the "Vitebsk" free economic zone. Currently, an investment project is being implemented here to modernize the production of industrial and special-purpose products, the cost of which is Br1.6 million. The enterprise is undergoing redesign and installation of a finished goods warehouse, electrical installation work has been completed, outdoor lighting has been installed, etc. The project is scheduled for completion in the first quarter of this year.

The Chairman of the Regional Executive Committee learned about the production of sensors and electronic digital devices designed to measure temperature, pressure, etc., at another enterprise. It has its own design bureau and an accredited laboratory responsible for warranty and post-warranty service of these devices. More than 90% of the enterprise's exported products go to Russia, and the rest are sold in Kazakhstan, Azerbaijan, and Estonia. In 2022, Polotsk manufacturers also entered the market of Uzbekistan. As part of production cooperation, the enterprise supplies its sensors to the Minsk Automobile Plant.

At the metal structures production plant, Alexander Subbotin was told about the work on an innovative project to implement the technology for producing metal structures with multisystem integration of processes. Over Br2.2 million was allocated from the regional innovation fund for this project. As a result, about 30 new jobs will be created here, and if the plant operates in two shifts, more than 45 people will work on the new line.

Following the visit, the head of the region noted that in different regions, industrialists provide from 40% to 60% of tax revenues to the budget, and their products are the pride of the entire region and the country. "These are good enterprises, and they need to be at least known so that we can talk about their products somewhere in our country or abroad, offer them, and look for new contracts," said Alexander Subbotin.

"BELTA"