Belarus is offering incentives including tax breaks to car companies willing to set up assembly plants in the country.


There are also reports that the government hopes that ultimately it may be able to create a national automaking plant.


Igor Rogozin, a government official, told reporters a decree issued by President Alexander Lukashenko would exempt any company starting up a plant from all income and excise taxes for three years.


“This long-awaited decree has been signed and will allow us to create new production capacity for cars in our country,” Rogozin told a news conference.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.