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News Belarus relies on industrial giants during crisis, Alexander Lukashenko says
In the time of crisis Belarus attaches a special significance to the development of industrial giants, President of Belarus Alexander Lukashenko told reporters during his working trip to the Minsk oblast on 11 August. “We have some industrial giants that have access to global markets. These giants should be modernized and developed. That is what we have actually been doing for a long time. We have to use their potential in full,” the President said. He mentioned MAZ, MTZ and BelAZ as examples. He added that Belarus has to set up new productions that will work on local raw materials. According to the President, if he were to decide which industries to focus on when the Belarusian economy had just started to develop, he would choose the processing industry and tourism. “In the past we built industrial giants for the whole Soviet Union, and now we are left alone to handle them. It was wrong to build such enterprises as we do not have our own resources for them. But since such companies have been built, we have to be ahead of others all the time modernizing them and selling our products what we did before the crisis. When the crisis is over, our products will be in demand again.” According to the President, it makes sense to invest in new technology during the crisis. It is necessary to find resources to buy seven rapeseed processing plants at wholesale. The head of state reminded that in the future the rapeseed production should reach 1 million tonnes. Rapeseed can be widely applied in the food industry, in the production of feed-stuff and fuel. On August 10 the President visited the GrodnoBioproduct company that specializes on rapeseed processing. Alexander Lukashenko tried the food cooked on rapeseed oil and liked it a lot. “It is a healthy product which I recommend you to try,” the President said.
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