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Sachsen-Anhalt delegation visited FEZ Grodnoinvest

On August 30, 2019, Sachsen-Anhalt delegation headed by the leadership of the International Department of the city executive board of Magdeburg (Germany) visited the administration of the FEZ Grodnoinvest. The meeting was attended by representatives of the city of Grodno, as well as the leadership of the Grodno branch of the BelCCI.

During the visit, various promising areas of regional cooperation were discussed such as logistics, metalworking, the chemical industry, tourism, and ecology. The head of the FEZ administration Sergey Tkachenko presented the investment opportunities of the FEZ Grodnoinvest and the Augustow Canal park, spoke about the tax and customs preferences provided to residents of the FEZ and the Park. In addition, the idea of ​​organizing a Belarusian-German forum for regional cooperation in Grodno was anounced.

Over 257 million US dollars of investments from Germany, including credit lines, were attracted to the implementation of projects on the territory of the FEZ Grodnoinvest. Turnover is increasing annually, reaching $ 31 million in 2018. Two companies with German capital  Belabedding Ltd. and Haver BY Ltd. are implementing their projects in the FEZ.

The administration of the free economic zone Grodnoinvest is actively developing cooperation with Germany and represents its investment potential at joint events. So, on July 1, 2019, in Minsk, with the participation of the FEZ Grodnoinves, a meeting of the Belarusian-German non-governmental council for business cooperation was held. On September 26, 2019, the participation of the FEZ Grodnoinvest in the 10th Day of the German Economy in the Republic of Belarus is planned.