The Republic of Belarus is a unitary democratic social state based on the rule of law, with an open and fast growing economy. Belarus is a landlocked country, but due to its geographic position acts as an important transport and trade corridor between the EU and the CIS countries.
A number of oil and gas pipelines, railways and highways, water routes and communication lines cross the territory of the republic.
Belarus actively implements the policy of preferential investment treatment: in the Industrial park, free economic zones, small towns and rural areas, in case of signing of investment agreement with the Republic of Belarus.
In 2010 Belarus, Kazakhstan and Russia created the Customs Union, in 2012 they proceeded with the formation of the Common Economic Space (CES) and in 2014 signed the Agreement on creation of Eurasian Economic Union (EEU) which will operate since January 1, 2015. A number of regional countries (Armenia, Kyrgyzstan) declared its intention to join the Union in 2015. Belarus actively participates in integration projects (Common Economic Space, Eurasian Economic Union), that gives investors access to the large Eurasian market
The National Agency of Investment and Privatization is authorised to represent interests of the Republic of Belarus on the issues of attracting investment to the country.
Its objective is to create an efficient system of attracting foreign direct investments to the economy of Belarus, including by improvement of the privatization mechanism.
Agency acts as a “one-stop shop” assisting foreign investors during the whole process of investment project implementation including post-project support (aftercare).
Its services are free of charge for foreign investors.
Attracting investment in the economy of the district is associated with a convenient geographical location, a developed network of transport infrastructure, the characteristics and condition of its natural resources.
Osipovichi district is located in the south-western part of the Mogilev region, 160 km from the city of Mogilev and 100 km from the city of Minsk and has a favorable economic and geographical position with a favorable terrain and a temperate continental climate.
The significance of the geographical location of the district is due to the intersection of the largest transport corridors in the territory of the district, the possibility of developing integrated services for passenger and cargo flows in road and rail traffic.
The main natural resources of the Osipovichi district, which can serve as a basis for the development of socio-economic potential, include land, forest, water, mineral, and recreational.