Economy Ministry: productivity of Great Stone Park residents steadily increasing

The efficiency of residents of the Great Stone China-Belarus Industrial Park has been steadily growing, sb.by reports citing the Economy Ministry

According to the department, over 50 residents have started their economic activities in the park, some of them have reached full capacity utilisation. This is facilitated by high demand from domestic and foreign consumers for the products manufactured, many of which are unrivalled.

“The Great Stone Park residents annually ensure positive dynamics of key financial and economic indicators. According to the results of work for nine months of 2024, the volumes of investments in fixed capital increased 1.5 times, revenue from the sale of products rose 1.4 times, production volumes grew 1.3 times, foreign direct investment on a net basis increased 1.2 times, and exports of goods and wages of employees rose 1.1 times. A record 19-fold growth in the net profit of enterprises has been registered,” the Economy Ministry provided details.

The country’s economic department also pointed out that in 2024, 21 new enterprises with capital from Belarus, China, Israel and Russia received the park resident status. New investors intend to implement their projects in the areas of integrated logistics, R&D, instrumentation, medicine, biotechnology, storage and processing of big data.