Mogilev Free Economic Area (FEA) is planning to draw BYR 110 billion of investments in 2008, head of the FEA administration Anatoly Bunos told Interfax-West.
The output of the FEA is expected to reach BYR 1003 billion, or 28.3% up on the year. Exports are expected to grow by 9.5%. the FEA is expected to end the year with a trade surplus of $8,067,100.
According to the source, this year the FEA attracted $26 million of investments. There were created over 600 new jobs.
The FEA also registered 7 new resident companies.
Mogilev FEA was founded on January 31, 2002. Currently it embraces 19 resident companies founded by Belarusian and foreign investors (Russia, Turkey, Denmark, Cyprus, Austria, Lithuania, the UK).