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The Industrial park is a territorial entity with the area of approximately 80 sq. km with a special legal status for the provision of comfortable conditions for business conducting.
Industrial park is situated in Smolevichy district, Minsk region, in the distance of 25 km from Minsk, the capital of the country, and occupies about 80 sq. km. Advantageous geographic position is stipulated by the close vicinity to Minsk National Airport and international highway M1 which extends to Moscow on the north (the distance of 700 km), and to Berlin on the south (the distance of 1000 km) as well as it has access to Klaipeda seaport in the Baltic Sea (the distance of 500 km).
On the Park territory production and living areas, offices and shopping malls, financial, and research centers are planned to be located.
In fact, a modern international eco-city is being built with an emphasis on high-tech and competitive innovation productions with high export potential.
The project is developed within the framework of the China-Belarus intergovernmental cooperation and the relevant signed intergovernmental agreements.
Any company regardless of country of capital origin can act as a resident of the industrial park.
Realizing intense competition for an investor in the world market, the state has created a favorable investment climate for industrial park residents, as guaranteed by the national law, special international agreements and obligations; has provided unprecedented benefits and preferences, has formed a separate and independent body which carries out administrative end-to-end servicing on the basis of “one stop” service.
Industrial Park has the following preferences according to the special Decree of the President of the Republic of Belarus as of June 5, 2012:
When new taxes and fees are established on the territory of the Republic, obligation to pay such taxes and fees for Park residents does not arise.
Coming to the Park an investor receives a ready transport and engineering infrastructure conducted to the selected land plot. Construction of infrastructure in the Park and its connection with investor facilities is provided by the management company.
In order to use the best practices on the territory of the Park opportunity to design according to technical standards of foreign countries is provided in case they meet the requirements for operational safety, reliability of the main design decisions, fire and explosive hazardous facilities.
An investor can get land plots for use (lease) on the territory of the Park for the period of 99 years or own the said land plots. Rent and sale of land plots is carried out by the management company.
At present design works are being carried out; in the second half of the year 2013 construction of the main transport and engineering infrastructure is scheduled to be started. At the very moment land plots are being chosen for potential investors for the purpose of design (“binding to the locality”) of specific objects.