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19 November 2024, 10:56

China-Belarus Great Stone residents show stable performance

MINSK, 19 November (BelTA) – Overall performance of the residents of the Chinese-Belarusian industrial park Great Stone has been steadily improving, BelTA learned from the press service of the Belarusian Economy Ministry.

To date, more than 50 residents have already started their economic activities in the park. A number of them have reached a full run thanks to a high demand from domestic and foreign consumers as most manufactured products have no analogues.

The Great Stone Industrial Park residents show good performance on annual key financial and economic indicators. In January-September 2024, capital investment increased 1.5 times, proceeds from sales of products grew 1.4 times, production output went up 1.3 times, net foreign direct investment climbed 1.2 times, export of goods and wages of employees were up 1.1 times. Enterprises secured a record high growth of net profit, up 19 times.

In 2024, the status of the park resident was received by 21 new enterprises funded by Belarus, China, Israel and Russia. New investors plan to implement projects in integrated logistics, R&D, instrumentation, medicine, biotechnology, as well as storage and processing of big data.
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