Implementation of major investment projects and IT cooperation discussed by President and leadership of Emaar Properties

7 июня 2022

The implementation of major investment projects and IT cooperation was the subject of discussion between the President and the leadership of Emaar Properties. Trustful political relations with the leadership of the Arab Emirates consistently convert into specific and useful projects.

"I am happy to meet you once again. You have become a friend of Belarus long ago. And we are always ready to welcome you in Belarus, especially since you always come with specific proposals. Today we will focus our attention on our major project, the North Bank neighborhood, which you are going to build. This is a major project. I think it is the biggest project we have ever had in Belarus," Alexander Lukashenko said. 

Another topic of the meeting was cooperation in the field of IT technologies. 

Alexander Lukashenko, President of the Republic of Belarus:

You pay a lot of attention to this sector. I know that the Emirates have advanced considerably in this field. I am grateful to you for organizing that conversation in the Emirates, when we were able to listen to the leading experts in the development of artificial intelligence. Then I realized that there is still a lot to do in this field in Belarus to reach the level you reached back then together with the specialists from different countries of the world.

Mohamed Ali Alabbar, founder of Emaar Properties: 

Thank you very much for your hospitality. I would like to thank you for supporting the IT sector. What you have done is important for the world. At one time you gave a lot of attention to the Hi-Tech Park, and at the time it was just the beginning. Today we see that technology drives the entire world. If we take the entire population of Belarus and compare it to the development of IT-services which are exported, the indicator comes out higher than in many Western countries. The most important thing for the development of the IT sector is people and the quality of education. Belarus has this and it is important for the development of technology.

The Arab businessman is implementing the North Bank project in Minsk. They are building the Smart City.  It will stimulate the development of the northern part of Minsk. Apart from the usual real estate sites, it will also include social projects: a modern university as well as sports and health care facilities. The National Exhibition Center, the Institute of Artificial Intelligence, and the Minsk International Trade Center are also intended to be built. Other possible plans were also discussed at the meeting. The doors of Belarus are open for investment - representatives of big business in the Emirates may be interested in projects in the agriculture and food.