Great Stone Industrial Park:

Investment opportunities

on Silk Road Economic Belt

About the park

GREAT STONE industrial park:

- Territorial unit of the Republic of Belarus;

- Free economic zone;

- Special legislation;

- Public-private partnership;

- State park Administration - “one stop shop” – is directlysubordinated to the Government;

- Development (management) company is a joint-stockcompany.

Perfect Location

The park is located 25 km from

Minsk, right near the Minsk

National Airport

The Republic of Belarus borders with

the European Union and Russia, and

is a trade corridor between the

Europe Union and the EAEU.

Total area 91,5 km²

510 mln

people

A Key Element & Pearl of

Silk Road Economic Belt

The Silk Road Economic Belt combines transport, trade, investment and financing of all

European and Asian countries. It covers territory with population of 3 bln and huge

market with growth potential.

The fund ($40 bln) was established for infrastructure, resources and production

cooperation financing.

Tehran

CHINA

RUSSIA

IRAN

GERMANY

Urumqi

Khorgos

BishkekSamarqandIstanbul

Astana

Moscow

Minsk

Warsaw

DushanbeTURKEY

KASACHSTAN

Aktau

Great Stone

EU 510 mln people

EAEU 183 mln people

China 1.3 bln people

Master plan

The Phase 1 development area of

approximately 8 sq.km and is in the

stage of infrastructure construction.

Phase 1

The core starting area of 3.5 km2 of

road network has already been

completed, and basic infrastructure

for all enterprises is to be finished

in 2016.

Engineering：Water supply – 27 thousand m3/day

Waste water– 24 thousand m3/day

Gas– 116 mln m3/year

Electricity– 50 МВ

Storm drainage, telecommuni-

cations and others

The perfect locationInfrastructure Construction

2015• Temporary offices and residential

buildings were built

• 7 main streets of the starting area (13 km

long) were built

• Power supply, water supply, sewerage,

gas, communication networks were built

2016

• Construction and commissioning of the

electrical sub-station (50 MW)

• Construction of 8,000m2 of industrial and

12,000m2 of commercial property

• Construction of 71,000m2 of warehouse

and 28,000m2 of commercial and real estate

exhibition areas (slated for completion in

2017)

• Commencement of production for the first

park residents

Phase 1– 851 ha (within 9150 ha)

Great ecology

• The forest surrounds the industrial park and ensures perfectly clean air. The greening area would be more than 50%.

• Clean drinking water of the highest quality conforms to ISO 24510

• There is a Lake with the square of 4.8 sq.km and length of about 10 km

Priorities

electronic information industry pharmaceuticals R&Dhigh-end manufacturing biotechnology logistics & warehousingfine chemical industry new materials

Taxes Standard rate Park priority projects tax rate Other park projects tax rate

Corporate income tax 18%First 10 years – 0%; subsequent

10 years – 50% from the existing rate

From the initial registration

first 7 years – 0%

Real estate tax 1% As above Exempted

Land tax（average rate per hectare）

Park area：126 $/year

Minsk district: 3150 $/year

Minsk：24000 $/year

As abovePark area：126 $/year

Minsk district: 3150 $/year

Minsk：24000 $/year

Customs fees for raw materials tax

(VAT, customs duty)

Duties depend on materials

(5 - 20%)

VAT – 20%

0% in case of export of finishedgoods outside the CustomsUnion or by absence of analoguematerials produced in theCustoms Union

Duties depend on materials

(5 - 20%)VAT – 20%

VAT（sales）

20% in case of export of finished goods including the Customs Union countries –

0%

Prompt refund of the full amountfrom the state budget, paid bypurchasing (import) of goods(services), property rights

20% in case of export offinished goods including theCustoms Union countries – 0%

Customs fees (VAT, customs duties) for components and

equipment

Duties depend on

equipment (usually 5%, rarely 10%)

Exempted

Exempted (using theregistered capital to purchaseproducts)

Personal Income Tax 13% 9% 13%

Preferential Investment Policy

Taxes Standard rate Park priority project tax rate Other Park projects tax rate

Allocations to the socialprotection fund （ paid byenterprises ）

34%

Belarus citizens：0% for partof incomes which exceedaverage salary in the country；

Foreign citizens: 0%.

34%

Tax on dividend income andother similar income accruedto its founders (shareholders)

Not more than 12%

0% within 5 calendar years(beginning with the first yearin which there was a gross

profit), after that - 5%

Not more than 12%

Compensation payments forharmful impact upon objectsof flora and fauna duringconstruction

Depends on the region Exempted Depends on the region

Obligatory sale of currencyearnings

30% Exempted Exempted

Payments in foreign currencyin the course of constructionof the industrial park objects

Prohibited Allowed Prohibited

Certification of goods andmaterials for construction ofthe industrial park objects

Obligatory Exempted Obligatory

Licensing, deferred costs (work permits for foreigners)

70 $/foreign person

750 $/legal entity

Exempted（also applies to contractors）

70 $/foreign person

750 $/legal entity

Preferential Investment Policy

Residents Location

11.5

94.48.5

23.8

1.1

CHINA MERCHANTS

GROUP2.4

Juxin

Changdu Xinju

NanoPectin

Zoomlion

ZTE и Huawei

21

Joint investment

Logistics sub-park: 94,4 hectares, $550 mln.Stage 1 – 25 hectares, $150 mln., 100.000 sq. m

Joint projects

tel. +375 17 366 39 48+375 17 366 37 49

e-mail: welcome@industrialpark.by

web: www.industrialpark.by

Thank you for your

attention!

Contacts: