Investors Stake on Belarus

Belarus plans to increase the share of foreign investments to 15–20%
of total investments in the national economy by 2010.

In 2006, overall investments in all projects are to reach 15 trillion Belarusian rubles. The share of foreign investments is estimated at 2.5–3%, Deputy Prime Minister Andrei Kobyakov told reporters.

According to him, investments are to double by 2010. “Foreign investments are to account for at least 15–20% of the total. We expect large foreign investors to come to Belarus. The international group of companies Henkel is one of them. Henkel has opened the plant Ceresit to produce construction mixtures in Belarus,” Andrei Kobyakov said, adding that he had met with representatives of Zepter, another international giant that claimed it was interested in the Belarusian market.