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THE ESSENTIAL
No obstacles to investments in Belaru

There are no obstacles to attracting investments in Belarus, First Deputy Economy Minister Piotr Zhabko told reporters after a session of the Presidium of the Council of Ministers on August 19. The session chaired by Belarusian Prime Minister Sergei Sidorsky discussed the results of the investment activity in Belarus in H1 2008. According to Piotr Zhabko, there are no economic reasons in Belarus for failing to meet the investment target which is to increase investments up as against last year.

 

BY 2010 BELARUS TO EXTEND ASSORTMENT OF CHEMICAL GOODS

By 2010 Belarus will considerably extend the assortment of national competitive chemical products. Such a task has been set up by the state sci-tech program Chemical Technologies and Productions approved by the government of Belarus.

The program for 2006-2010 embraces the sub-programs Small-Capacity Chemistry and Scientific-Technical Ensuring of Petrochemical Industry. Belarusian State University and the concern Belneftekhim act as state customers.

The sub-program Small-Capacity Chemistry envisages high-tech productions flexible for the market state and bringing revenues by extending the exports. It also stipulates to raise profitability of chemical and high-tech productions and reduce man-caused load on the environment.

Thus, the program envisages new pigments, components and materials for paint and lacquer industry, chemical fiber and polymers modifiers. The program develops national technologies to produce functional coverings for the industry ministry, new antirust aluminium covering for refrigerators and lighting devices. The production association Integral will be provided with new protection covering with mono-crystal silicon with AI-sets, low-threshold liquid crystal materials and equipment.

The ministry of agriculture and foodstuffs would see a wide range of small-capacity products to increase the agriculture efficiency including vet devices and bio additives for animals, disinfection means. The healthcare ministry will be provided with systems for efficient diagnostics of different diseases and new ophthalmology means. Road and construction organizations will be supplied with new compositions for strengthening and pressurizing the cement stone and newly-developed enamel for road marking.

Ecological problems of the industrial enterprises will be resolved as part of projects aimed at developing new filtering materials and devices to clear electroplating waste and aerial effluents of chemical industry production facilities. The program also provides for developing and commissioning technologies to produce new kinds of diesel biological fuel, create special rape sorts to use them as the raw stock, technologies to effectively use by-products of the diesel biological fuel production process.

The sub-program payback period varies from 3 to 5 years.

The source noted, as part of the Scientific Support of the Oil and Chemical Industry technologies to extract hard-to-obtain oil, utilise wastes, increase reliability and safety of production facilities, create new composition and painting materials as well as energy-saving environment-friendly technologies and equipment for better quality and larger chemical product range will be created. The sub-program also provides for economic assessment of developing a strategy to develop potassium raw stock basis for the period of up to 2040.

Besides, the sub-program provides for developing and introducing home-made chemical agents to limit water influx to oil wells, composition and technologies to obtain biologically resistant compounds to protect mechanical parts from corrosion and static electricity in the oil extraction and oil refining industries, technologies to produce synthetic fibres out of renewable natural resources, fire-proof compounds for polyester and flax-based nonwoven materials.

On the whole, the sub-program is aimed at ensuring retooling of the chemical and petrochemical enterprises of Belarus. Its payback is estimated to near USD 900,000 annually and Br 6-7 per every Belarusian rubble invested. The payback period of the subprogram is estimated at 3-5 years.

PUBLICATIONS OF THE COUNCIL OF MINISTERS
  Respublika Newspaper

Belorusskaya Niva/Belarusian Cornfield Newspaper

Economy of Belarus/Economika Belarusi Magazine

Zvyazda Newspaper
 
INTERNET RESOURCES
  President of the Republic of Belarus

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NEWS
Report of Government on the performance of the national economy in 2008, draft forecast for the social and economic development, national budget and main guidelines of the monetary and credit policy of Belarus in 2009

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Belarus ready to host 2 thousand Ossetian kids for recuperation

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Gomselmash to launch production of combine harvesters Polesie GS14 in 2009

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Information about gengineered components in food now on price tags in Belarus

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