Great Stone China-Belarus industrial park

Great Stone

Rapidly growing production zone offering the country’s most
favorable business incentives

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Developed Infrastructure

Advanced administrative infrastructure including an
R&D centre, exhibition centre, overnight
accommodation and restaurant

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Markets Within Easy Reach

Opportunities to quickly start production due
to simplified business procedures and ready
to use production facilities

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From Asia to Europe

Excellent location with developed transport links
to the Eurasian and European markets

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Great Stone Industrial Park

The Park offers all the benefits of a free economic zone coupled with unique tax and legislative advantages. Great Stone’s convenient location, simplified business processes and advanced, ready to use infrastructure has attracted residents from 15 countries to the Park since its establishment.

About the Park

Located 25 km from Minsk in a unique natural complex, close proximity to the Berlin-Moscow transnational highway, international airport and railway lines. The Park provides tariff free entry to the Eurasian market and borders the European Union.
Great Stone promotes the development of industry and business, including production, logistics and research and development.

Street Network

The first phase of the Park’s development covers an area of 850 hectares and includes 17km of modern 4 or 6 lane asphalt roads, with, traffic signals, lighting, bike paths and pavements.

Great Stone’s Administration Building

Recognized as Belarus’ project of the year, 2017. The eight-story building is striking, with multi-level terraces giving it the appearance of steps. It is home to the Industrial Park Development Company, the Park’s Administration including the “One Station” Center for integrated investor services and more than 20 tenants.

Construction Town

To accommodate construction company employees and building contractors, a construction camp operates in the Park. It can house more than 1,500 people and includes infrastructure for leisure activities, (universal sports ground, exercise area with equipment) and other amenities.

Fire Station

First opened in summer, 2019. The station is equipped with modern machinery and staffed by 54 people, with 14 rescuers on duty at any one time. They are responsible for ensuring the safety of the Park and nearby settlements.

Belarus’ Largest Trade and Exhibition Center

The complex meets international standards and is fully equipped to serve as a platform for presenting products and services to national and international companies.

The Park’s First Residential Building

There are 156 spacious apartments with modern furniture and household appliances ready for the Park’s residents.

There are plans to build a second block, containing a further 176 apartments.

In the medium term, a kindergarten, school, clinic and other social infrastructure will be constructed in the Park.

2011

NOVEMBER

Intergovernmental agreement on establishment of Great Stone Industrial Park

2014

JUNE

Construction begins and laying of the first stone

2014

OCTOBER

Registration of the Park’s first resident

2015

DECEMBER

Construction of the Trade and Logistics Sub Park begins

2017

MAY

Minsk International Airport included within the Park’s boundaries

2019

AUGUST

First residential building completed

2020

SEPTEMBER

Registration of Eurasian Railway Gateway CJSC, responsible for constructing the park’s rail freight terminal

2020

DECEMBER

Opening of the Park’s Research and Development Center for commercialization of scientific and technological achievements

2022

DECEMBER

The 100th resident of the Park is registered

2025

MAY

The 150th resident of the Park is registered

Advantages of the Park

Location
Infrastructure
Simplified Procedures
Operational Benefits
Incentives

146

per month employer wage tax cap

Foreign workers tax for employers

Employee wage tax
reduced to 9% from 2023 to 2062

Corporation / profit tax for 10 years

0% Corporation / profit tax for 10 years, commencing from the date of first profit, after which the rate is half the national rate (9%), till 2062

Customs duties
and VAT

On importation of machinery and equipment
Raw materials and other materials sourced from within the Eurasian Union (customs procedure of a free customs zone)
Sales inside and outside the Eurasian Union

Land tax till 2062

Property tax

Easy Access to Markets

A key linkage between Europe, the CIS countries and Russia

Directly on the New Silk Road trade route
Within / close to the Eurasian and European Union markets

Road Links

The park is located in the very center of Belarus
Developed transport links within easy reach
International highway Moscow-Berlin (M1 / E30) to Russia and Central Europe

<600

Seaports

Riga — 499 km
Klaipeda — 530 km
Kaliningrad — 585 km
Duisburg — 1644 km

Rail Links

The country is crossed (West-East) and (North-South), by 2 main Trans-European Rail Transport Corridors, providing excellent links into Europe and Russia and the Baltic and Black Seas
Direct connection to the Trans-Siberian Railroad
Direct connection to the Chong Xianijang-Europe International Railway

Airport

The international airport is less than 1km

Competitive Production Costs Relative to Europe and Russia

Competitive labour costs
Lower utility costs than Europe and comparable to Russia
The lowest gas costs in Belarus

universities
nationally

270

k students

technical
colleges

223

k students

Water supply — 31400 m³ per day
Water disposal — 19500 m³ per day
Gas— 116 million m³ per year
Electricity — 50 MW

Cooperation with universities, companies and government bodies in the field of employment

Simple Criteria to Become a Park Resident

Investment of >$0.5m in 3 years or >$5m with no restrictions and
production in the sectors of

Manufacturing
Electronics and telecommunications
Pharmaceuticals
Medical devices and services
Engineering
Logistics
R&D
E-commerce
Data processing
Others

180

visa free stay

Simplified procedures to employ foreign workers

Simplified Building
Procedures

- Parallel design and construction permitted
- Technical standards for design documentation, construction, commissioning and operation of facilities similar foreign standards (EU, USA, China, Russia)
- Reduced timescales and simplified procedure for acceptance of newly constructed facilities into operation

One Station Administrative
Support from Day One

Support when creating company
Assistance to obtain building permits and production permits
On going support when dealing with state organizations
Assistance in visa, residency and migration

Streamlined Administrative Procedures

Rules relating to foreign currency holdings and trade transactions removed

Developed Infrastructure

Ready to use utilities infrastructure with no connection fees
Range of investment premises / options
Network upgrades or capacity enhancements to the network provided by the park
Onsite administrative infrastructure: office space, exhibition centre, hotel, accommodation

Telecommunication
communication standard

>230

engineering networks

lane roads

90 000

sq.m. commercial estate

>250

Investments
in the infrastructure of the park

We are Building a City of the Future

Production Zone
R&D Zone
Office Building
Residential Development
Logistic area

The production zone occupies the majority of the park’s area and is divided into land plots allocated for production facilities, where there is the option to build a manufacturing facility or purchase / lease a prebuilt facility. The zone also contains upstream utilities infrastructure, such as electrical substations, gas distribution points, water pumping stations, treatment facilities, and telecommunications.

The location for companies engaged in research and development. It houses the Innovation Center which is focused on commercializing scientific and technological achievements and also acts as an incubator for developing startups.

The park has first rate administrative premises, available for rent by park residents. The office building houses the “One Station” Investor Service Department, which assists in administrative processes and business support.

The park’s first residential building containing 156 apartments, designated for employees resident companies. Construction of additional apartment buildings, houses, schools, kindergartens, medical clinics, shopping facilities, restaurants and hotels are planned

The transport and logistics area borders Minsk International Airport. It contains a Logistics Sub-Park with 50,000 m² of warehousing facilities as well as a 20,000 m² Trade and Exhibition Centre. It is planned to extend the railway line running close to park, allowing connection to the airport, Minsk and the rail network. In addition, an international intermodal transport hub will be constructed in the park, facilitating transport by rail, road and air.