Following market intelligence from several CEA members and the British Embassy in Minsk, who report excellent business prospects in Belarus, the CEA is running its first Scoping Mission to Belarus. The trade turnover between Belarus and Great Britain in Q1 2017 was about $1.5 billion. There are 264 enterprises with British capital in Belarus. The mission is open to any UK manufacturers of construction equipment, its components, attachments and related equipment.
Construction in Belarus
The construction sector in Belarus is booming as the country embarks on a widespread programme to upgrade its transport and logistics infrastructure, meet rising demand for commercial and retail space, and build tens of thousands of new homes. “The growing real estate demand in Belarus means great opportunities are to be found in rectifying the lack of supply” Mihails Morozovs, Managing Partner, Colliers International Baltic states and Belarus
The sector has been greatly helped by recent reforms including the creation of a one-stop shop for property registration, which reduced the procedure to less than one month, placing Belarus 14th best in the world according to the World Bank. The country has also streamlined and sped up the process to obtain construction permits. The time taken is now below the OECD average and better than in the UK, Australia, Czech Republic and Russia.
Outside of Russia (55%), Belarus represents 35% of opportunities in the CIS construction equipment sector.
Belarus is a portal into other CIS countries and Russia. It is well placed both geographically and politically to receive goods and services from the UK.
Please click here for scoping visit details
Please click here for Belarus background information
Please click here for list of Belarus manufacturing companies.
A small number of UK companies are invited to accompany the CEA’s Director of Global Programmes, Joanna Oliver MBE, on this pathfinding visit. The team at the British Embassy in Minsk together with CEA members already active in the territory are facilitating introductions and networking events to co-ordinate the mission in market. The CEA will make arrangements in the UK and lead the mission in country.
For further details or to register for the mission contact Joanna Oliver, MBE, Director of Global Programmes.