Republic
27.02.2007
The attraction of foreign investments in the Belarusian economy was discussed during a meeting of Belarus president Alexander Lukashenko with SB Telecom chairman of the board Ead Samawi on February 27.
The Belarusian head of state said he thinks highly of the investment cooperation with this company. In his words, SB Telecom’s investments in Belarus amount to hundreds of millions of dollars.
Alexander Lukashenko expressed gratitude to Ead Samawi for the charity aid the company has been rendering to the Belarusian healthcare. The head of state added, “If all foreign investors and our businessmen invested that much in the social sphere of Belarus, we would surpass the social security level of any European country”.
The head of state said, Belarus is interested in SB Telecom’s investments in hotel business, cement production, telecommunications and other industries. At present several investment projects are being discussed. A respective protocol on cooperation and the creation of joint ventures with three cement plants of Belarus has been signed.
In turn, Ead Samawi noted, the company intends to hold several meetings with officials of Belarusian ministries and agencies in order “to evaluate these projects and get down to implementing them”. He added, the owner of SB Telecom is ready to arrive in Minsk at any time to hold the negotiations.
Ead Samawi informed, the company is ready to take part in building a high-grade hotel in the Belarusian capital. In his words, the hotel will be run by Kempinski Hotels. The hotel will be built by one of the world’s largest companies, which, in particular, built the Emirates Palace in the United Arab Emirates.
The chairman of the board of SB Telecom stressed he was proud to be an investor in Belarus.
Addressing his guest, the president said he would like Ead Samawi to assist the Belarusian side with defining promising avenues of cooperation with the United Arab Emirates. The Belarusian head of state plans to visit the country in the near future. “You have good contacts there and your knowledge is very useful for us”, said Alexander Lukashenko.
