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Belarusian companies to present 72 investment projects at investment forum in London

Belarusian companies intend to present 72 investment projects at the investment forum in London, BelTA learnt in the Economy Ministry of Belarus. Companies of the Belarusian ministries of industry, energy, architecture and construction, transport and communications, information, sports and tourism, agriculture and foodstuffs, Belneftekhim, Bellesbumprom, Belgospischeprom, Bellegprom concerns will display their investment projects in London. The oblast executive committees and free economic zones Brest, Vitebsk, Gomel-Raton, Grodnoinvest and Minsk will also take part in the investment forum in Great Britain. The setting up of a flat products production at the Belarusian Steel Works (required investments - $1.6 billion), the reengineering of the MAZ production system to produce trucks meeting Euro-3 and Euro-4 standards ($1.5 billion), the construction of a plant to produce sulphate bleached pulp, the construction of a production facility to produce kraft paper, hard paper and office paper at OAO Svetlogorsk Cardboard Mill (around ?1 billion) will be among the biggest projects which will be presented at the London forum. Among the other projects which are to be presented in London are the projects on investment in OAO Grodno Azot ($1 billion), the construction of new production facilities and modernization of existing ones at the Minsk Tractor Works in 2009 – 2015 ($824.8 million), the construction of a new solid-fuel power plant in Zelva ($990 million). Belarusian banks – Belinvestbank, Belarusbank, Priorbank, Bank Moscow-Minsk, Belvnesheconombank, Belgazprombank intend to hold presentations and tell about their investment possibilities. The Belarusian investment forum will be held in London on November 16-19 this year. A number of Belarusian top officials, representatives of state bodies and organizations, the foreign organizations which work in this country are expected to take part in the forum. Representatives of investment, consulting, banking structures and also heads of companies from foreign countries will attend the London forum as well.

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