Great Stone Industrial Park to have necessary infrastructure by end of 2016

15 февраля 2015

By the end of 2016, the Great Stone industrial park will have all necessary infrastructure to launch the production process. Being the key Belarusian-Chinese project, the Great Stone should become a centre for attracting investments and the most advanced technologies. Its resident enterprises will specialize in electronics, biomedicine, fine chemistry, mechanical engineering and new materials.

A corresponding decree was signed by Alexander Lukashenko last summer. A site located 25 km away from Minsk was allocated for construction, with all future park residents receiving substantial benefits, such as exemption from the taxes on land, income and property for a period of 10 years. However, according to the President, there are still many problems, including extended construction deadlines, uncertainty in funding and poor work on attracting investors.