By Vladimir Kharitonov
The Director of the National Agency for Investment and Privatisation, Dmitry Klevzhits, tells us that a short-list of financial consultants has been drawn up: Deloitte Consulting LLP (the USA), Mattig Management Partners (Austria), Admiralty International (New Zealand), CET Capital Ltd, Maxwell Stamp PLCs, Gryphon Emerging Markets Limited (UK), Marlagne Capital Advisors (Belgium), Zabolis Partners Group, PricewaterhouseCoopers UAB (Lithuania), Raiffeisen Investment AG (Germany), and KPMG, Ernst & Young and Uniter (Belarus).
The state plans to privatise eight companies — grouped into three pools. The first is formed from Baranovichi Reinforced Concrete Constructions Combine, Belsantehmontazh-2 Trust JSC, Avtomagistral JSC and Building Trust #8 JSC. The second pool comprises Medplast JSC and Belgazstroy JSC, and the third features Konfa JSC and Minsk Margarine Plant JSC.
A financial advisor will be determined for each pool of companies, with a shortlist drawn up after the evaluation committee reviews all applications. Technical and financial proposals will then be scrutinised closely and candidates chosen, with contracts signed.
In November, the Belarusian Investment Forum will be held in Minsk. “It should be powerful tool for showing our investment opportunities, investment restrictions and ways to improve the investment climate in Belarus,” notes Mr. Klevzhits.
Both large corporations and representatives of small and medium-sized businesses from all over the world have been invited to the event, which is organised within four main areas: ICT; pharmaceuticals and biotechnologies; the development of regions; and the financial sector.