National News

Kochanova: Bailed-out companies show good performance

Chair of the Council of the Republic of the National Assembly Natalya Kochanova took part in the Minsk City Council meeting to discuss the development strategy for MotoVeloZavod and the investment project to recondition the area along 8 Partizansky Avenue in Minsk, BelTA has learned.

“The policy of the president of our country to retain competencies and production capacities has born fruit. The enterprises that we have bailed out keep working and demonstrate efficient performance,” Natalya Kochanova noted.

Aleksandr Lukashenko's main demand for MotoVeloZavod was to preserve the enterprise and to retain competencies. He gave an instruction to strive for maximum localization. The level of localization should increase to at least 50% within five years. Another instruction was to put the production premises in order and to relocate the Minsk City Technopark to the area where MotoVeloZavod stands within three years.

“The instruction of the head of state is mandatory; it is necessary to avoid red tape and to meet deadlines. If the president sets the goal to achieve 50%, then you must do it. Because the president never says anything without due reason. The Horizont company seemed to have no future, but the president came, sorted things out and the situation really took off. A good medical center was built; shop floors were repaired; production capacities can still be used. The president inspected Motovelo. It turned out that a lot could be done here. A technology park was established. Over 100 companies want to join it. This park is highly popular. But heads of enterprises, organizations, central government bodies should have a good understanding of the situation in their area of responsibility. Today they have a clear task: everyone should do their job well. This is the starting point of all our efforts,” Natalya Kochanova added.