HTP Made its First Billion

HTP Made its First Billion
1 November 2012
1 November 2012

Hi-Tech Park resident-companies increased exports of software and services to $215.8 million in the period of January-September 2012. In comparison with the same period of last year the exports has increased by 54%. The share of exports in total sales made up 90%.

Therevenuefor 9 monthsiscalculated as BYR 1.98 trln. Considering changes of exchange rate and GDP deflator, this index increased by 44% in comparison with the period of January-September 2011.

In January-September 109 HTP resident-companies employed about 13 thousand employees.

Valery Tsepkalo, Director of HTP Administration:

“Hi-Tech Park has been developing at a quite fast pace. After 6 years of HTP existence, we crossed the threshold of $1 billion. This money is made first of all thanks to intellectual abilities of young people, programmers, not by labor-consuming or material-intensive industries.

HTP is one of infrastructure units of an innovative economy that is being created in Belarus.”

Kuprevicha, 1/1, 220141, Minsk, Belarus.