MINSK, 8 July (BelTA) - The International Finance Corporation (IFC) plans to invest $50-60 million in the Belarusian economy by the end of the year, head of the IFC Representative Office in Belarus Olga Shcherbina said in an interview with the STV TC channel on the 7 July, BelTA has learned.
The IFC is considering several investment projects, which are at an advanced stage of preparation. “We want to invest at least $50-60 million before the end of the year,” Olga Shcherbina informed.
The head of the office said that the IFC is keen to increase investment activity, and is exploring projects in the real economy sector. “We are interested in the projects in manufacturing, agriculture, wood processing, food retail. We love to invest in Belarus. We have a very good investment track record here. All projects that we implemented in the country were successful. Belarus is one of the few countries that is default-free. I mean not a single project has defaulted,” she said.
As Olga Shcherbina informed earlier, the IFC investments in Belarus from 2004 amounted to $760 million in 60 projects of financial sector and the real economy sector. During last 5 years 17 projects have been invested valued at $265 million.
Read full text at: https://eng.belta.by/economics/view/ifc-plans-to-invest-50-60m-in-belarusian-economy-by-2019-year-end-122540-2019/
IFC plans to invest $50-60m in Belarusian economy
9 July 2019