News
20-08-2012 09:49 Belarus
Administration of Chinese-Belarusian Industrial Park established
The government agency Administration of the Chinese-Belarusian Industrial Park has been established. The decision has been laid down by Council of Ministers resolution No. 756 of 16 August 2012, the press service of the Belarusian government told BelTA.
The document also approved the charter of the administration of the Chinese-Belarusian Industrial Park and the regulation on the park.
The park administration is a government agency. It will run the park in compliance with the Belarus Constitution and Belarus President decree No. 253 of 5 June 2012 “The Chinese-Belarusian Industrial Park”. It will be accountable to the Council of Ministers of Belarus. The administration will be located at 1 Zavodskaya Street, the village of Stanok-Voditsa, Smolevichi District, Minsk Oblast.
By 1 October 2012 the form for applications to register corporations as residents of the Chinese-Belarusian Industrial Park will have to be worked out and approved as well as an approximate form of the contract on terms of operation that resident companies will sign. The Architecture and Construction Ministry, the Minsk Oblast Executive Committee and other agencies will help the Belarusian-Chinese joint company to handle issues involved in the development of the park’s general layout, organization of parallel designing and construction of the park, timely deliveries of main construction materials, products, constructs, and equipment in the required amount.
The administration of the Chinese-Belarusian Industrial Park will focus on securing conditions to attract foreign and domestic investments, establishment and development of high-tech and competitive enterprises, creation of additional jobs in the park for the sake of the social and economic development of Belarus. The administration will register residents of the park, will sign and extend contracts on operation terms with them.
The park administration will also allocate and recall land plots within the park’s limits. If necessary, it will be able to convert lands from one type to another except for nature protection lands, forest reserve lands, specially protected natural areas, and sanitary areas around water sources.
In association with customs authorities the administration of the Chinese-Belarusian Industrial Park will make decisions to determine the limits of the free customs zone for resident companies of the park. To exempt imports (basic equipment, components and spare parts, raw materials) from customs duties and VAT, a relevant certificate will be issued to state the imports will be used in Belarus for the sake of implementing investment projects within the park’s limits.
Source: BelTA
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