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22 May 2009

Investment agreements at amount of $250mn signed at Gomel Economic Forum

GOMEL, May 21 (BelTA) – Investment agreements at the amount of $250 million were signed at the Gomel Economic Forum on May 21. The investment projects will be implemented in the Gomel oblast with the participation of foreign investors. According to the signed agreements, Russian and Ukrainian businesses are going to invest in production of passenger railway cars in Gomel, production of electric energy from solid domestic wastes in the Zhitkovichi region, development of the hotel business in the region. According to Elvira Karnitskaya, head of the economy department of the Gomel Oblast Executive Committee, the signed agreements attests to the fact that the region remains attractive for investors despite the complicated economic situation in the world. Attending the forum are almost 250 representatives from 22 countries including representatives from 12 Russian and 5 Ukrainian regions. The Polish delegation is one of the most representative at the forum. For instance, the delegation of the Lubuskie province of Poland led by head of the region Helena Hatka includes 12 people. More than 100 investment projects are presented at the Gomel Economic Forum this time. Potential investors may get familiar with the potential of the region in such areas as industry, agriculture, trade, tourism, housing and communal economy. In 2009, the Gomel forum is sponsored by official partners of the event – Belarusian banks, insurance enterprises, various companies. The Belarusian Steel Works is the general sponsor of the Gomel Economic Forum. The forum includes three sections: “Successful Investments – Efficient Economy”, “From Partnership to Mutually Beneficial Trade” and “International Cooperation in Small-Sized Business”. Participants of the forum will be able to visit the 10th International Exhibition and Fair “Spring in Gomel 2009” which will display a wide range of the goods produced in the Gomel region.

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