Reserves are in innovation

The Strategy for Attracting Foreign Direct Investment in the Republic of Belarus until 2025 states that the priority of investment policy is the quality of investments, their value for increasing the competitiveness, economic security and stability of the domestic economy. Such areas as high-tech and science-intensive production, logistics, transport and digital infrastructure, the financial sector, the social sphere, as well as the tourism industry are considered to be promising for the attraction of foreign direct investment in the Belarusian economy. In 2021 foreign investors invested about nine billion dollars in the real sector of the Belarusian economy. A significant contribution to the active investment policy is made today by the free economic zones of Belarus, whose residents from January to March 2022 attracted a record volume - a quarter of foreign direct investment on a net basis in the country. As compared to 2021 they increased almost twice and a half times and amounted to 469 million dollars. How Belarus is currently addressing this challenge is discussed in the materials of the proposed study.