January 25, 2018 in the FEZ "Minsk" was registered a new resident - Limited Liability Company "First Abrasive Company".
The resident implements an investment project for the construction of a production and warehouse complex on the territory of the FEZ Minsk and will increase the production of an abrasive tool.
According to the agreement on the conditions of activity in the free economic zone, the resident undertakes to invest at least $ 1,273,200 in production during 2018-2025. During 2018-2026 he will create at least 7 new jobs.
The construction of the production and warehouse complex will begin in the first quarter of 2021 and will be put into operation in the 4th quarter of 2023.
The main activity of the enterprise is the production of an abrasive tool.
Abrasive tools are widely used in mechanical engineering and instrument making for grinding, grinding, polishing of parts. The need for grinding, grinding and finishing tools is very high.
Produced products are oriented not only to the domestic market, but also in significant volumes will be shipped outside the Republic of Belarus, which should help to increase the country's export potential and inflow of foreign currency funds to Belarus.
The new Resident will build a complex for the production of abrasive tools
25 January 2018