Report on progress to implement the project to set up a high-tech full-cycle agricultural company
President Aleksandr Lukashenko has been briefed on the progress to
implement the project to set up a high-tech full-cycle agricultural
company on 30 July.
head of state recalled that the decision to set up the Belarusian
National Biotechnology Corporation pursued an ambitious goal to
establish a company of tomorrow. “Its objective is to produce and export
agricultural products that will be competitive on the global market,
with an ultimate goal of minimizing the import and the number of
intermediaries inside the country. By the way, specialists have told me
that the process got off the ground,” he said.
In order to implement the project, Belarus took a loan from China and contracted equipment of world-class manufacturers.
facilities are to be commissioned step by step, which is a common
practice everywhere in the world. We simply must do it. We need to
decide on the amount of raw materials we can buy for this company (the
amount is going to be huge) and, most importantly, on the sale of the
product. We need to ramp up production incrementally. By the time the
construction is complete, the facilities will become operational and
generate profit,” Aleksandr Lukashenko said.
set of feed mills and grain storages is to be commissioned next year.
In 2021 the company will operate the entire process flow.
Belarusian National Biotechnology Corporation heralds the start of the
biotechnological industry in Belarus, which I like the most. I have
already talked about high technology and this is not limited to the IT
park or space equipment we have learned to produce or the nuclear power
plant, but also biotechnology,” the President said.
head of state emphasized the importance of the project and asked the
project managers to provide an honest and detailed update on the status
of the project and training of personnel for this new industry.
head of state also spoke about the sale of the company’s products. “It
is a crucial matter. We will handle everything – find raw materials,
build facilities, but the most important matter is the sale of products
domestically (these products are in demand here) and abroad. This
project will have a great impact on the efficiency of our agricultural
industry, first of all, cattle breeding,” he said.