Belarus May Attract $3 Billion in FDI, Snopkov Says |
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May 18, 2010
Belarus wants to attract as much as $3 billion in investments from abroad this year to fuel economic growth, Economy Minister Nikolay Snopkov said.
Belarus wants to attract as much as $3 billion in investments from abroad this year to fuel economic growth, Economy Minister Nikolay Snopkov said.
The former Soviet republic, which separates Russia from the European Union’s Baltic region, would raise 2.7 trillion Belarus rubles ($925 million) through its state-asset sale program alone, he said.
“We have every reason” to expect that amount of foreign direct investment, Snopkov said in a May 15 interview in Zagreb on the sidelines of the European Bank for Reconstruction and Development’s annual meeting. “We would like to see investments, first of all, into energy and infrastructure. This year’s task is to restore the economic growth we had before the crisis.”
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