Companies dash to enter Belarus' High Tech Park
Photo: pixabay.com
The number of residents at the Belarusian High-Tech Park (HTP) has grown 25% up before the President’s Decree No 8 is about to come into force. 46 new residents were registered at the HPT on 13 March alone, tut.by reports.
The number of HTP residents has increased by 88 (up to 238) within a year.
The majority of the new companies were founded recently. Their business plans are based on the new conditions to be granted under Decree No 8, HTP representatives noted. “There are also companies that used to refrain from joining the HTP in the past but have changed their mind because of Decree No8. 12 out of 46 were created before 2016,” the HTP administration says. Almost 50 companies have joined the HTP over the last two months while 150 companies joined the park in the past 12 years, prominent IT entrepreneur Viktar Prakapenya said.
Decree No 8 sets out preferable conditions for the IT-sphere in Belarus. It will come into force on 28 March.
