FEZ Vitebsk to present three projects at Belarusian Investment Forum in London

The Free Economic Zone Vitebsk will present three projects at the Belarusian Investment Forum in London, BelTA learnt from the FEZ administration. The FEZ administration hopes to find strategic investors for the construction industry projects which presuppose the use of local feed stock – dolomite. Big dolomite reserves in the region make these projects very lucrative, FEZ specialists say. One of the projects is aimed at setting up the production of lime and magnesite cement from dolomite with the use of new technology. Around $30 millions of investments are required. The second $10mn project is aimed at setting up the production of new-generation construction materials from magnesite cement – heat-effective wall blocks for main walls of low and high-rise buildings, compressed eco-friendly wood and some other materials. The technology and production management system will allow the new facility to respond swiftly to the demand and switch to the production of other construction materials such as magnesite slabs, roofing materials. The PECTO Company seeks potential investors to construct a facility for the production of dried pectin and pectin-containing products. The project is estimated at $37.5 million. The Belarusian Investment Forum in London will be held on November 16-19. Attending the forum will be high-ranking officials of the Republic of Belarus, representatives of the government bodies and also foreign organizations operating in the country. The forum is organised by the National Investment Agency of Belarus with the assistance of the Ministries of Economy and Foreign Affairs, British Eventica Company with the assistance of the Embassy of the Republic of Belarus in Great Britain. The forum will be held with the assistance of the Council of Ministers of Belarus.

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