Lukashenko: We must invest first and foremost in those areas where we already have competencies

November 4, MINSK . Investments should be made primarily in those areas where Belarus already has competencies. This was stated by the HEAD of state ALEXANDER LUKASHENKO on November 4, while approving the appointment of Ilya Ikan to the post of Chairman of the Belarusian State Concern for Oil and Chemistry, a BELTA correspondent reports.
"Investments, investments - we often look for where to invest funds. We need to invest in those schools, in those competencies that we have today," Alexander Lukashenko emphasized. 


He cited the example of the enterprise OJSC Polotsk-Steklovolokno, which was headed by Ilya Ikan: "I am sure that you know better than anyone what other fiber we need to produce in order to engage in import substitution and have a good market entry."

"If we processoil , we know which direction to go in, what products we should receive. I was given a certificate: small-tonnage chemistry - 40 new types of products must be produced by 2030. We must invest in what we know how to do. We have a lot of such areas both in the civil and military industries," the President noted.
As reported, the head of state also touched on the topic of investments at the regional "Dazhynki" in Mosty. Alexander Lukashenko drew attention to the fact that the Grodno region is the only region in the country where dry MILK formulas for children are produced.

"We are now trying to implement many, many projects, "One region, one project." We invest huge amounts of money and sometimes grab onto projects where we do not have the competencies. We grab onto what we do not know how to do. And we do not know whether we will be able to sell what we produce or not. And milk formulas, baby milk (I've been to southern Africa, traveled all over the world) - just give them to me. There's nothing to feed children in the world. So what are we inventing? Let's build another plant and produce even better baby formulas," the President suggested.

According to him, this applies to many areas, for example, woodworking. "There is a great demand for sawn timber and timber all over the world. What we've been dreaming about. I said: the time will come - and we will sell this, and how we will sell it," Alexander Lukashenko noted.