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08 June 2016, 19:41

Export by Belarus' Hi-Tech Park 17% up to $169.4m in Q1 2016

MINSK, 8 June (BelTA) – In Q1 2016 Belarus' Hi-Tech Park increased export of software products and services by 17% to $169.4 million, the Hi-Tech Park press service told BelTA.

Export accounted for 92% of the Hi-Tech Park's total output. Western Europe accounted for 48.9% of the export, the USA's share was 44%, while the CIS states received 4.8% of the exported products and services.

In Q1 2016 companies residing in the Hi-Tech Park made Br3.8 trillion worth of software products and services, 163% as against Q1 2015 or 119% taking into account the price deflator and changes of the U.S. dollar exchange rate.

There are 152 resident companies in the Hi-Tech Park of Belarus. The companies employ about 25,000 engineers, with about 3,000 jobs created every year.

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