OREANDA-NEWS. April 12, 2011. The Belarusian government has approved a list of over 80 key investment projects worth a total of 5.516 trillion Belarusian rubles (Br) for 2011. The Council of Ministers signed relevant resolution #430.

Internal investments are projected to triple on the year to 4.031 trillion rubles, including 3.028 trillion rubles of loans, up 370% on the year. Foreign investments are expected to rise 3.7% on the year to 1.486 trillion rubles.

The list includes technical upgrade of MTZ, requiring 95.1 billion rubles, MMZ, 16.6 billion rubles, and BATE, 29 billion rubles. Investment projects to be completed by Industry Ministry’s companies total 174.8 billion rubles.

Investment projects by Energy Ministry’s companies total 465 billion rubles, the largest being the adjustment of the project to build the first startup complex of Minsk TETs-5, worth 400 billion rubles.

Five investment projects to be implemented by Architecture and Construction Ministry’s companies total 2.154 trillion rubles, including a 550 billion-ruble project at Belarusian Cement Plant, 750 billion-ruble project at Krichevtsementnoshifer, 445 billion-ruble project at Krasnoselskstroymaterialy, 178.2 billion-ruble project at Granit, and 130 billion-ruble project at Gomelsteklo.

Belneftekhim’s seven key investment projects are supposed to total 286.3 billion rubles.

Belarusian Railway will implement two investment projects worth a total of 546.6 billion rubles.