The volume of the next year's budget is comparable to this year's. Contributions from Belarus and Russia will traditionally make up its revenues. Rollover funds from previous years will add to the total.
The official said: “The potential for mutual investments by Belarus and Kazakhstan is rather high in many industries. We and our colleagues should work to make it happen. Actually, we've arranged today's forum with this in mind in order to help companies find partners, help them hear each other.”
I told Kazakh businessmen, our partners and, I hope, the park's future residents, that we provide comfortable working conditions and related administrative services as well as tax exemptions, Alexander Yaroshenko said.
The rapid development of information technologies in Belarus was noted. “We are in negotiations on two to three big joint ideas and projects in this field,” noted Nursultan Nazarbayev. An IT park is being established in Kazakhstan, with all the top global companies invited to participate.
Vasily Matyushevsky remarked that conditions for corporate IPOs had been enabled in Belarus. He said it was possible that some other companies may also arrange a public share placement of their own the next year.
We meet quite frequently. Three months ago Astana hosted the Made in Belarus expo and a business forum which was attended by the prime ministers. Today's forum is unique, being the largest one in our history, Vladimir Ulakhovich remarked.
The Belarusian automobile engineering company BelAZ and AstanaBelAZServis Company signed a contract on shipping 25 haul trucks with the carrying capacity of 90 tonnes and 130 tonnes to Kazakhstan. The contract is worth about $25 million.