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02 June 2020, 11:39

Lukashenko holds meeting to discuss construction of hi-tech farm near Minsk

MINSK, 2 June (BelTA) – Belarus President Aleksandr Lukashenko held a meeting to discuss the project to organize the full-circle hi-tech agricultural production for 2016-2032 on 2 June, BelTA informs.

“This will be the first enterprise of the kind in the region. It will be focused on the highly efficient feeding of animals. It will generate colossal effect in animal husbandry and related industries. This enterprise which is currently being built near Minsk is like a nuclear power plant, which first power generating unit will be launched in the near future. It is like the production of high-precision weapons in Belarus, space projects, which we are implementing and on which we are working now. It involves advanced technologies, it is our future. Add IT parks and digitization of our country, not only of the economy, to that. This is the future of our state, just like the future of any state,” Aleksandr Lukashenko said.

In his words, some people have ‘forgotten' on purpose that the country is working on colossal hi-tech projects worth billions. “These projects will help us look into the future. Perhaps, some would prefer this to be done in a more grandiose manner. But we must understand that this is huge money. This enterprise is not new to the world. But of course, not every country can afford such projects. We are implementing this project in cooperation with the People's Republic of China on agreement with Xi Jinping. As far as I understand, we will be able to launch this production facility in a year or two,” the president said.

The head of state suggested discussing the progress in the construction of the enterprise, possible problems with the implementation of the project, plans for the near future. “We just cannot lag behind the schedule. The enterprise should be built on time because it should work, bring profit and money which we borrowed (in this case from the People's Republic of China). Of course, we will have to return the money till 2032. I think that if we implement a business plan, the loan will be repaid on time and without problems. At least, no one has ever had any complaints,” Aleksandr Lukashenko said.

The project to build a full-circle hi-tech agricultural enterprise is implemented by the Belarusian National Biotechnology Corporation. The construction was lunched in the summer of 2018 in Pukhovichi District, Minsk Oblast. Chin's CITIC Group is a general contractor and a shareholder. Plans have been made to erect 14 plants and to commission them in stages. The facility will specialize in the deep processing of grain using cutting-edge biotechnology methods for the manufacture of indispensable amino acids (lysin, triptophane, threonine) which are essential for the production of highly productive and balanced fodder and additives. The products will be used by local enterprises and exported to Russia, Ukraine, the European Union, China.

It was reported in January that in 2020 the Finance Ministry will invest Br17.8 million to the authorized fund of the Belarusian National Biotechnology Corporation on behalf of the Republic of Belarus from the national centralized innovation fund for the purchase of 2.5 million shares.

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