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Prokopovich: Small and medium business experience steady growth

Small and medium business have been steadily developing in Belarus, deputy Belarus Prime Minister Petr Prokopovich told at today's offsite meeting-seminar held in Bobruisk and Osipovichi districts.

The development goals set for small and medium business are about to be reached, the vice-premier stressed. About 24% of Gross Regional Product-2013 was made up by business sector. Dozens of thousands of new jobs were generated by businessmen.

Still, there are certain perspectives to promote further development. Thus, there is a number of inefficiently used buildings, constructions, land plots. Besides, closer cooperation between small and medium business firms on the one hand and large-scale enterprises on the other is a must.

"In developed European states business makes up about 60-70% of a country's economic sector, and within the next few years we must reach the same result. Favourable conditions must be created for reaching the objectives set. And Belarus has all necessary facilities. Today we visited a number of private high-technology enterprises in Bobruisk and Osipovichi districts that have about $100,000 yearly output per person. The goods they produce enjoy high demand at both domestic and foreign markets. These enterprises need increase of construction capacity", Petr Prokopivich remarked.

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