MINSK, 23 June (BelTA) – In 2024, investment in Minsk Free Economic Zone in 2024 went up almost 1.7 times year-on-year. This indicates the attractiveness of the FEZ for investors, First Deputy Head of FEZ Minsk Administration Sergei Bubenko told First News TV Channel, BelTA has learned.
According to him, the free economic zone is the most profitable area for the implementation of investment projects, which provides a number of preferential regimes and tax benefits, so that investors can implement their projects more efficiently. For the state FEZ primarily means investment, new jobs in regions and tax revenues to the budget.
According to Sergei Bubenko, the success of the free economic zone can be assessed by several indicators: the number of attracted investment and jobs created. Despite certain difficulties, the first deputy head of the FEZ Minsk called 2024 quite successful. In addition to the growth of investment in the FEZ by 1.7 times in comparison with 2023, an increase in production output by 20% and an increase in employee wages, which are above the average across the country, were recorded. Moreover, last year enterprises of Minsk Free Economic Zone increased exports, which also confirms the effectiveness of the FEZ.
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