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13 May 2019

Gomel Economic Forum to present nearly 160 investment projects


GOMEL (BelTA) – Nearly 160 investment projects will be presented during the 16th Gomel Economic Forum, which is due on 24 May, the press service of the Gomel Oblast administration told BelTA.
Gomel Oblast’s economic and investment potential will be presented during the forum. Investors will be offered projects in such spheres as woodworking industry, recycling of secondary material resources, food production, civil engineering and construction materials, chemical industry, power engineering, agriculture, tourism, trade, services, and other areas.
These projects are located all over the region. For instance, a project envisages farming and processing mushrooms in Korma District. Another project suggests building a gypsum plant in Petrikov District using a nearby gypsum deposit. There are plans to set up an edible snail farm in Gomel District and a logistics hub in Buda-Koshelevo.
Apart from projects meant to set up new manufacturing facilities and modernize existing ones, projects envisaging the construction of facilities potential partners will be informed about spare land plots and real estate.
The forum will be divided into five sectors: agribusiness; civil engineering industry, utilities, and transportation; trade, public catering, and services; tourism and development prospects; small and medium business. Apart from that, participants of the forum will visit the 20th international expo Spring in Gomel, which is scheduled to take place on 23-26 May.
Alevtina Saranchuk, Head of the Foreign Economic Ties Office of the Economy Committee of the Gomel Oblast Executive Committee, noted that delegations from 16 countries intend to participate in the forum. Those will be representatives of government agencies, diplomatic missions, and business circles. A total of 149 people have expressed their interest in the forum. Registration continues. It will be closed at 15:00 on 14 May.
The first Gomel Economic Forum took place in 2004. Some 100 documents were signed during the forums held in 2008-2018. For instance, last year’s forum resulted in the signing of investment agreements and protocols of intent worth over $480 million.
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