Vitebsk Oblast announces investment project tender

VITEBSK, 3 September (BelTA) – Vitebsk Oblast has announced a tender of investment projects seeking state support, BelTA learnt from Valentin Tsvetkov, head of the department for entrepreneurship and consumer market development of the economy committee of the Vitebsk oblast executive committee. Its winners will receive financial support to purchase equipment, component parts, and raw material. Financial support will be provided in the form of subsidies to repay a part of loan interests, compensate the costs of leasing payments. Applications and associated documents are received till 15 September. Top-priority attention will be given to the projects that envisage development and expansion of services and goods manufacturing, production of export-oriented, import-substituting products, energy and resource-saving products, implementation of new technologies, creation of new jobs. The funds enshrined in the Vitebsk Oblast business state support program for 2010-2012 will be provided from the oblast budget. The winners will be announced in early October.

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