The administration of FEZ Grodnoinvest sums up the results of the year and sends New Year holidays greetings
The year 2020 ends. He will certainly go down in history. Despite all the difficulties, lockdowns and uncertainties, it is safe to say that the residents of FEZ Grodnoinvest were able to withstand global shocks due to competitive products, effective management and expansion of the export geography. The final figures will be known a little later, but general trends can already be analyzed.
In the outgoing year, 5 new residents of FEZ Grodnoinvest and the special tourist and recreational park Augustow Canal were registered. EUEcoPack LLC will create in Grodno the production of disposable paper packaging and tableware, ZOV-MARKET LLC - a wood processing production of, Smorgon Experimental Forestry - the production of wood pellet fuel, Skywatt LLC will build a aphotovoltaic power plant construction for the power supply of FEZ residents, MBA Investment LLC will create a complex of tourist facilities, unique for Grodno, based on the buildings of the former brewery while preserving its historical and cultural value.
Total at the end of the year 76 companies are residents of FEZ Grodnoinvest. These are the leading industrial enterprises that form a quarter of all industrial production and about 40% of the export of goods in the Grodno region. In the outgoing year, 23 new facilities were put into operation at the existing and under construction enterprises of FEZ Grodnoinvest, modern production facilities were launched. Over 320 new jobs were created during the year, labor productivity increased.
The products of FEZ residents are successfully exported to many countries of the world. This year, new destinations were opened, such as Bangladesh, Zimbabwe, Iceland, Peru, Somalia. Product supply to Germany, Canada, Korea, the Netherlands, the United Arab Emirates, Poland, the USA, Turkey, Switzerland and Estonia increased significantly. In total, the export geography of residents of FEZ Grodnoinvest includes more than 60 countries.
In the outgoing year, the FEZ administration continued work to increase the investment attractiveness of the Grodno region, to develop infrastructure and to create favorable conditions for the establishment of new and development of existing enterprises. For example, on the territory of the industrial zone of the free economic zone in Smorgon, the main part of the infrastructure project for the reconstruction of Industrial Avenue worth over 5.4 million rubles has been completed. In less than a year, the 1st start-up complex was built and put into operation here. It includes a modern four-lane highway with a length of over 2 km, dividing strips and lawn, traffic light control, outdoor lighting, stop pavilions.
Continuous improvement allowed FEZ Grodnoinvest to take a leading position among the FEZs of the republic in attracting foreign investment, exporting goods per 1 employee, labor productivity, profitability of manufactured products, paying taxes, fees and other payments to the budget and extra-budgetary funds.
We are going into the new year with new ambitious plans. In 2021, it is planned to build new and modernize existing enterprises. The most significant investment project with the attraction of foreign investment will be implemented at the industrial site of FEZ in Svisloch region. More than 50 million US dollars will be allocated for its implementation by European investors. In the industrial zone of FEZ in Smorgon, the construction of a complex for the production of cotton yarn and products from it will continue. Expansion is also planned at the diversified furniture production facility of FEZ resident Szynaka Mebel Bel LLC.
The negotiations on the implementation of new investment projects in the field of woodworking, logistics, chemical and other industries are already held. Despite the pandemic, this year FEZ administration organized participation in more than 40 events with potential partners and investors from the European Union countries (Poland, Lithuania, Germany, Austria, Belgium, Italy), Turkey, China, the United Arab Emirates, Russia.
Even in conditions of lockdown and border closure, anyone can visit the investment sites of the FEZ. Therefor, in 2020, a series of 360-degree overview videos were released, a video presentation of the logistics potential of the Grodno region was created.
Therefore, we are optimistic about the coming year and are ready to help in the implementation of ideas and projects by creation a new or expanding an existing business. You can contact us by phone +375 (152) 41-23-17 or e-mail: invest@grodnoinvest.by.
We sincerely congratulate you on the upcoming Christmas and New Year holidays and wish you all your plans and wishes come true in the new year!