Over 700 new jobs will be created in the Vitebsk region
The instruction stipulates that at least one production investment project with 20 or more employees will be created and implemented in each district. There are 24 such projects being carried out in the Vitebsk region. The total investment volume is Br438.2 million, including Br144.1 million already invested this year.
"The projects are included in the task matrix of the chairmen of city and district executive committees and are under special control; monthly monitoring of their implementation is carried out with site visits to the regions," the committee noted. "As part of the implementation of investment projects, it is planned to create about 710 new jobs. The largest number of these will be created at industrial enterprises: over 120 jobs are planned to be created in food production, 60 each in vehicle manufacturing organizations, and also in clothing production. This year, projects for the construction of a workshop for milk processing and cheese production in Gorodok and the construction of a new workshop at the Vitebsk Broiler Poultry Factory have already been completed."
By the end of the year, it is planned to complete four more projects: for the production of new types of products at the Obol Ceramic Plant, oils and lubricants at an enterprise in Glubokoye, food flavorings in Beshenkovichi, and for the deep processing of worn-out tires to produce rubber crumb at the Biomech Plant of Household Secondary Resources in Novopolotsk.
Food, woodworking, metallurgy, chemical production, and mechanical engineering are the main areas for project implementation. For example, enterprises in Ushachi, Chashniki, and Sharkovshchina districts plan to increase the output of deeply processed agricultural raw materials. The "Ushachi" branch of CJSC "Vitebskagroproduct" is modernizing the production of protein-vitamin supplements. The establishment of a fish processing and production plant by LLC "Lukomlsky Cannery" in Chashniki district is planned, as well as a fruit and vegetable processing plant by LLC "Organic Products" and a dairy production plant by OJSC "Verkhnedvinsk Dairy Plant" in Sharkovshchina district.
In Tolochin district, a limited liability company is organizing the production of cross-laminated timber panels. A company with a similar form of ownership in Glubokoe district is establishing a plant for the production of oils, lubricants, and special fluids.
Investors in such projects receive comprehensive support. They can count on assistance in selecting land plots and property, and in working with banks to obtain preferential credit funds. A number of preferences under the Decree of the President "On Creating Additional Conditions for Investment in the Republic of Belarus" are also provided by an investment agreement. These include, for example, the provision of land plots without auction, the full deduction of VAT amounts when acquiring goods (works, services), exemption from import customs duties and value added tax when importing technological equipment, components, and spare parts into the territory of Belarus, and others.
"A similar list has already been compiled for 2024. It is proposed to include 28 projects, including 13 carried over from the current year and 15 new ones. The investment volume for next year will be approximately Br237.6 million. The implementation of investment projects within this initiative makes a significant contribution to the development of the districts and the region as a whole, allows attracting investments for the creation of new enterprises and production facilities, expanding the range of manufactured products, including import-substituting and export-oriented ones, and creating new jobs," the committee emphasized.