Belarus Seeks to Enhance Investment Attractiveness through Fast Resolution of Procedural Issues and Availability of Ready Construction Sites

Belarus's Minister of Economy, Yuri Chebotar, emphasized the significance of swift procedural handling and ready construction sites in attracting investors during a visit to the Pinsk region. The Minister visited an industrial park, where he inspected the progress of engineering infrastructure construction. Chebotar stated that the ability to initiate production quickly, connecting equipment and producing products promptly, provides a substantial competitive advantage. This initiative is being implemented as a pilot project in Pinsk, aiming to strengthen its status as the leading industrial center in the Belarusian Polesie.

Key Takeaways:

• The Ministry of Economy of the Republic of Belarus is focusing on resolving procedural issues quickly to attract investors. Specifically, the promptness of resolving procedural issues and the availability of sites that allow for the rapid launch of production are key factors.
• The pilot project being implemented in Pinsk aims to demonstrate the competitive advantage of swift production initiation, enabling companies to start working "literally day in and day out."
• Chebotar expressed confidence that the industrial park in Pinsk will become a driver of development in the new five-year plan.
• Investment projects in Pinsk include the modernization of Zubr Energy LLC production, expansion of Stanles enterprise's furniture production capacity, and the construction of a plant for plastic components by 1AK-GROUP group of companies.
• A new infectious disease ward is expected to be constructed in the Pinsk Central Hospital, further enhancing the city's infrastructure.
• Chebotar emphasized the importance of creating a positive investment image and improving social and transport infrastructure, housing construction, and municipal services.

Statistics:

• The Minister visited the industrial park to inspect the progress of engineering infrastructure construction.
• Chebotar stated that investors are guided by preferences, as well as the promptness of resolving procedural issues and the availability of sites that allow for rapid production launch.
• Implementation of the One District - One Project initiative is under way, focusing on development of investment projects.
• The modernization of Zubr Energy LLC production is nearing completion, while Stanles enterprise has expanded its furniture production capacity successfully.
• The 1AK-GROUP group of companies plans to build a plant for the production of plastic components for batteries.

Sources:

• Ministry of Economy of the Republic of Belarus. 2025-09-06. "Attracted investments: promptness of resolving procedures helps".