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19 January 2021, 15:28

Belarusian Economy Ministry talks about ‘projects of the future' with massive investments

MINSK, 19 January (BelTA) – The Economy Ministry intends to implement five “projects of the future” by 2025, with their investments close to Br2 billion. Belarusian Economy Minister Aleksandr Chervyakov made the statement during a presentation of the main directions of Belarus' social and economic development program for the 2021-2025 period on 19 January, BelTA has learned.

Aleksandr Chervyakov

The official said: “As for innovative development, we are moving along two directions. First, we intend to implement five ‘projects of the future'. Each will feature interindustry R&D and innovative products. We are talking about nearly Br2 billion in investments and over 2,000 new high-performance jobs.” These projects will be implemented in the sphere of electric transport, biopharmaceutics, high-tech healthcare, and smart city infrastructure.

The second direction is the implementation of the government program on innovative development. Plans have been made to implement over 70 innovative projects in healthcare, pharmaceutics, mechanical engineering, chemical industry, and power engineering.

For the sake of the digital transformation of the economy seven industry-specific platforms will be created in the spheres of mechanical engineering, communications, transport, education, and other ones. They will become the foundation for assimilating digital technologies into manufacturing and the social sphere.

According to the economy minister, for the next five years the priorities will include electric industry and electric transport, bio industry and pharmaceutics, robot technologies, and the production of composite materials. It will be necessary to make electric trucks and passenger vehicles and their components, electric municipal vehicles, develop the charging infrastructure, develop unmanned solutions in automotive industry and aviation. As for pharmaceutics, a new class of antibiotics is under consideration. Methods for the genetic passportization of patients will be developed.

Plans have been made to create 13 clusters in various parts of the country. They will focus on biotechnologies and green economy, agrarian biotechnologies, chemistry and petrochemistry, instrument making, and automobile engineering.

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