ADDITIONAL INFORMATION

Initiator of the project

Besides, the Bank confirmed its 18th position in Top 25: Central and Eastern Europe.

JSC Belagroprombank is a parent company of the bank holding company which, among others, includes the Unitary Enterprise "Ozeritsky - Agro" that owns title to this land and property.

 

Republic of Belarus

In 2015 Belarus moved up by 13 positions in the Doing Business ranking and ranked 44th out of 189 countries, outperforming Russia and Ukraine. This is one of the strongest positions among the CIS countries.

Belarus demonstrated significant improvements in terms of conditions for starting a business, moving up by 28 lines and taking the 12th position in the ranking. Belarus also improved its positions in the rankings “Dealing with Construction Permits” (by 17 positions), “Getting Electricity” (by 59 positions), “Protecting Minority Investors” (by 37 positions), “Trading across Borders” (by 120 positions).

Tourism industry

As forecasted by WTTC, in 2016 Belarus will increase its investments into tourism by 12% and will hold the 6th place in the world in this ranking. Such increase will outperform the worldwide average growth (4,7%) and the European average growth (4,1%). According to WTTC, Belarus will significantly outperform its neighbours by this indicator - Lithuania (160th position), Poland (171th position), Russia (180th position), Ukraine (183the position). It is expected that the investments into Belarusian tourism will grow at as slow pace – an annual growth of 3% within the next 10 years. However, the share of tourism in the total domestic investments will fall from 2,1% in 2016 to 1,9% in 2026.