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Mogilev Regional Enterprise Development Council to discuss private business

The session of Mogilev Regional Enterprise Development Council discussed issues of private business development and simplification of plot registration for investors. The session took place at the Closed Corporation “Politex”, Mogilev district.

According to Viktor Nekrashevich, the deputy head of Mogilev Regional Executive Committee, first six months of 2011 created 566 new commercial organizations. It made it possible to increase payments to the local budget. But business development is dragged by difficulties referring to plots allocations. Today it takes 6-12 months to make a decision about plots allocation. At the same time it is possible to shorten the terms.

Vitaly Kostogorov, the director of the Closed Corporation “Politex”, says that at the moment the corporation is working at two important investment projects –works to produce needle-punching fibre and a logistic centre which is necessary to expand the company’s goods to the internal market.

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