INVEST INBELARUS
OPEN YOUR MIND, OPEN YOUR BELARUS
INVEST INBELARUS OPEN YOUR MIND, OPEN YOUR BELARUS Minsk-London - - PowerPoint PPT Presentation
INVEST INBELARUS OPEN YOUR MIND, OPEN YOUR BELARUS Minsk-London Minsk-Paris 2172 km, 3h 20 min 2177 km, 3h Minsk-Berlin Minsk-Roma 1112 km, 1h 50 min 2338 km, 2h 55 min Minsk-Moscow 713 km, 1h 20 min BELAR LARUS US Klaipeda Port
OPEN YOUR MIND, OPEN YOUR BELARUS
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BELAR LARUS US
Klaipeda Port – 500 km Riga Port – 530 km Tallinn Port – 790 km
Population
9.48 mln (45.7 people/km
2)
Capital
Minsk
Territory
207 600 km
Languages
Belarusian, Russian
Nominal GDP
~63.2 bln USD (2019)
Urban population
77%
Confession
80% orthodox
Currency
Belarusian Ruble (BYN) $/BYN ≈ 2.4
Airports
7 airports in the country
Source: Belstat; 2019 dataNational Agency
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Minsk-London
2172 km, 3h 20 min
Minsk-Berlin
1112 km, 1h 50 min
Minsk-Moscow
713 km, 1h 20 min
Minsk-Paris
2177 km, 3h
Minsk-Roma
2338 km, 2h 55 min
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101,7 96,2 97,5 102,5 103,1 101,2 102,8 92 94 96 98 100 102 104 2014 2015 2016 2017 2018 2019 2020*
Real GDP Growth % Y-o-Y
16,2 12 10,6 4,6 5,6 4,7 4 8 12 16 20 2014 2015 2016 2017 2018 2019
СPI, % Y-o-Y
19,5 20,6 33,8 53,8 66,1 76,6 20 40 60 80 China Belarus Poland Denmark Switzerland Norway
GDP per capita (USD thsd PPP), 2019
39,4 25,7 13,1 9,4 6,8 5,6
GDP structure, 2019
Services Industry Net taxes on production Trade Agriculture Construction
Key macroeconomic indicators
Source: Belstat, 201926,7 30,3 23,5 27,6 29,2 34,3 33,9 38,4 32,9 39,3 5 10 15 20 25 30 35 40 Export Import
Foreign trade of goods of Belarus, bln USD
2015 2016 2017 2018 2019
B B
S&P Fitch
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1,86 1,65 1,25 1,28 1,43 1,3 1,7 3 0,5 1 1,5 2 2,5 3 3,5 2014 2015 2016 2017 2018 2019 2020* 2025*
FDI inflow to Belarus, bln USD
FDI
Investment opportunities Industry IT-sector Tourism Financial sector
Source: Belstat, 2019 Source: NBRN BOP Source: UNCTAD, 2018FDI to Belarus by sectors, 2019
production sector
10.3% 3.6% 29.4% 4% 23.5% 3.6% 6% 29.6%
wholesale and retail trade, repair
vehicles real estate
finance and insurance transport
Top-10 FDI donor countries to Belarus, 2019
Austria Lithuania Poland
1.6 % 2.0 % 2.0 %
%
%
%
Latvia
10.5 % 25.8 % 26.6 %
0,9 0,9 1,2 1,4 4,8 7,6 11,4 13,3 25,7 5 10 15 20 25 30 Latvia Lithuania Finland Belarus Belgium Austria Poland Russia Germany
FDI inflow, 2018, bln USD
Netherlands UK Germany China Russia Cyprus
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Global rankings
Density of medical doctors (per 10 000 population) average for 2009-2018
42.4 Switzerland 40.8 Belarus 40.1 Russia 33.2 Belgium 31.9 Latvia 26.1 Canada Belarus is in thetop 25 countries favorable for motherhood Belarus takes the 3rd place
ce
in the world export of potash salt
5.7
Dentists per 10 000 citizens The BelAZdump truck with a loading capacity
50 tons
twice entered into the Guinness Book
Belarus entered the top 10 countries for travel in 2019 according to Lonely Planet
78.4% % of
households have access to the Internet
Source: Belstat; 2019 data Source: World health organization; Source: Human Development Index ,UNDP1 Source: Transparency International Index, transparency Source:E-Government Development Index (EGDI)Human Development Index, 2019
Belarus 50th Bulgaria 52nd Georgia 70th China 85th
Transparency International Index, 2019
Belarus 66th Bulgaria 74th Ukraine 126th Russia 137th
e-Government Development Index,2018
Belarus 38th Lithuania 40th Bulgaria 47th Czech Republic 54th
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COUNTRIES TRADE PARTNERS
PRODUCTION FOR EXPORT
expo porter rter of potash
17.2 2 % fertil
ilizers rs
expo porter rter of
7.4% 4% hoopwood
expo porter rter of
2.1% 1% rawflax
expo porter rter of butter r
8.1%
expo porter rter of cheese ese
9.2%
expo porter rter of SMP
4.8%
7
Production sector
Machines and equipment 113.3
113.3% %
Transport and machinery
11 114.1 1 % %
Electric equipment
104 04.1 1 % % Industrial Output Index, 2019 Every day Belarus is making
haul trucks frontal loaders tractors street sweepers trucks
buses 2 2.4 108.6 .6 42.4 .4 14.8 .8 5.3 .3 3.1
Belarus mechanical engineering comprises over 25 250 compan anies (large ge and medium dium-size zed) d) In 2019, export
engineering products rose by around 4.3% to 5.8 bln USD Еach 10th tractor in the world is "BELARUS"
100 200 300 400 500 600 2015 2016 2017 2018 2019
FDI sectoral structure
0% 20% 40% 60% 80% 100% 120% 140% 160% 180% Metallurgy Wood and paper products Chemical products Сarbonite and refined products
Dynamics in production sector
Dec 2018 Dec 2019
Source: Belstat, 2019 Source; Belarus SED Report 2019
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Agriculture sector
Investors see the undoubted advantages of investing in the agriculture of Belarus due to in-country agribusiness development preferential credit resources attracted for the implementation of agricultural projects (from 3% per annum) state support for the development of infrastructure (roads, communications) single tax for agricultural producers (1% of revenue) VAT of 10% on agricultural products, no income tax and property tax
Agricultural land
41.1%
Source: Belstat, 2019
Land area
20298.8 (1000 ha)
Agricultural area
8532.7 (1000 ha)
Forest area
8633.5 (1000 ha)
Main agricultural products
Potato, flax, rapeseed, sugar beets
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IT-sector
FDI in the ICT-sector, mln USD
2018 2019
280,5 ,5
6 times in a row the Belarusian recognized as the best world programmer at the Google Code Jam Belarusian programmers are famous all over the world EPAM is in the top-100 fastest growing companies according to Fortune
132 136 147 161 191 454 751 200 400 600 800 2013 2014 2015 2016 2017 2018 2019
HTP residents
740,7 897,0 1 003,5 1 152,4 1 445,3 1 840,5 2 406,1 600 1200 1800 2400 2013 2014 2015 2016 2017 2018 2019
Services exportd of ICT sphere, mln USD
88,1% 11,0% 3,2%
Export of ICT, 2019
Computer services Telecommunication services Information services 41,6… 3,2% 55,2%
Import of ICT, 2019
Source: Belstat, 2019 Source: HTP date, 2019 date, 2019 date, 2019
225,2 ,2
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Financial sector
24 banks ks
(14 with foreign capital, 5 with governmental capital, 5 with private belarusian capital)* leasing
(108 8 organiz nizati tions ns, 31 with th forei eign gn capita pital) l)
insurance
(16 compa pani nies es)
microfinance
(94 organiz nizati tions, ns, 5 w with th forei eign n capi pital tal)
forex companies
(14 compa panie nies) s)
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*at 01.01.2020
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Belarus investment support agreements for promotion and mutual protection of investments
agreements on avoidance
Law «On Public Private Partnerships»
Law «On investments» of July 2013
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Preferential regimes
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INCOME TAX LANDTAX PROPERTY TAX INCOME TAX FOR INDIVIDUALS DEDUCTIONS TO THE SIF VAT AND CUSTOMS DUTIES
stabilization clause Moratorium on conduction inspections
SAFETY REGIME
18% in general
0%
Great Stone HTP Small towns FEZs Great Stone HTP Small towns FEZs
0%
1% in general Great Stone HTP Small towns FEZs
0%
13% in general Great Stone HTP Small towns
0%
35% in general Great Stone HTP
for the income exceeding average monthly salary
0%
20% in general Great Stone HTP Small towns FEZs
0%
30 DAYS in general 180 DAYS Great Stone Great Stone
VISA-FREE REGIME
13
Free economic zones Export-oriented production
Minimum investments
Income Tax Property Tax Land Tax VAT & Custom Import Duties
17% 15% 16% 10% 12% 14% 16% EXPORT OF GOODS INDUSTRIAL OUTPUT NET FDI
Share of FEZ residents in key macroeconomic indicators of Belarus, 2019
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Great Stone Industrial Park
PLACE FOR INDUSTRIES OF THE FUTURE INNOVATIONS AND NEW TECHNOLOGIES NTERNATIONAL BUSINESS COOPERATION
TAX PRIVILEGES AND BENEFITS 10 years GRANDFATHER`S CLAUSE
SPECIAL CUSTOMS REGIME
THE MOST CONVENIENT CONDITIONS FOR DOING BUSINESS IN THE EURASIAN REGION
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HI- Tech Park
37 000 software developers in HTP resident companies 18% share of IT-services in export of Belarus 48% of 751 resident companies are with foreign
91,9 ,9% of software produced in HTP is exported Companies from 67 67 countries are customers of the High-Tech Park
TOP-100
6 6 HTP resident companies are included in the rating The Global Outsourcing
TOP-15
leading countries in IT outsourcing and high-tech services
TOP-9
destinations for software development
0,05 0,27 1,59 2,10
0,6 1,2 1,8 2,4 2006 2011 2018 2019
date, 2019
Export of IT services, bln USD
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Beijing 2020 20
China-CEEC 16
Small towns and rural areas
Beijing 2020 20
China-CEEC 17
Orsha Region
PRODUCTION OF GOODS OR PROVISION OF WORKS, SERVICES LOWER TAX RATES (1% of the turnover from sale of goods of own production, 2% of the turnover from performing own works/services) EXEMPTION FROM VAT in relation to certain types of imported machinery and equipment that are subject to 0% customs duty FULL VAT REFUND for developers in regard to the goods,works and services used for constructing facilities in the Orsha region 24% RATE
Beijing 2020 20
China-CEEC 18
FEZ«Bremino- Orsha»
CIT Real estate tax VAT & Custom Import Duties
Poland Russia Lithuania Latvia Ukraine
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Investment Agreement
The investors are allowed to carry
stipulated by the investment project and simultaneously develop design estimates and have them evaluated and adopted at each stage of construction
Exemption from customs duties and VAT when importing equipment Deduction 0% VAT No tender for land plot provision No payment for conclusion lease agreement No payment for land plot Additional government support to investments projects
36,10% 30,50% 15,40% 9,50% 5,20% 3,30%
INVESTMENT AGREEMENTS CURRENTLY IMPLEMENTING*
CONSTRUCTION PROCESSING INDUSTRY OTHER AGRICULTURE TRADE POWER SUPPLY
*beginnings of March , 2020
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Success stories
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National Agency of Investment and Privatization
Legislation clarification Search for information Post - investment support Organization
and visits Selection of land plots and real estate Analysis of financial indicators Presentation
at the events Search for investors Search for investment projects and ideas Market Analysis
“One-stop shop” for foreign investors Project office
INFORMATION SUPPORT PUBLIC PRIVATE PARTNERSHIP PAPERWORK MANAGEMENT INVESTOR SERVICING CONDUCTING NEGOTIATIONS COMPREHENSIVE SUPPORT FACT–FINDING VISITS SEARCH FOR POTENTIAL PARTNERS
SERVICES FREE OF CHARGE >1000 SUPPORTED FOREIGN COMPANIES mail@investinbelarus.by
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National Agency of Investment and Privatization
Analysis of financial indicators Presentation
at the events Search for investment projects and ideas
890
INVESTMENT PROPOSALS
1020
LAND PLOTS
580
REAL ESTATEOBJECTS FULL ASSISTANCE IN THE SELECTION OF INVESTMENT SITES
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www.investinbelarus.by
+ 375 17 200 8 1 75 + 375 17 226 47 98 m ail@ inves tinbelarus .by
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