IT exports of Belarus' Hi-Tech Park up by 20% in 2015

IT exports of Belarus' Hi-Tech Park up by 20% in 2015

The export of Belarusian High-Tech Park's IT services grew by 20% last year. The figure was more than $700 million.

Software developed in Belarus was exported to 61 countries around the world. Among them are some new destinations such as South Africa, Portugal, Croatia, Serbia, Uzbekistan and Kyrgyzstan. 

Half of the Hi-Tech Park's exports goes to Europe and the majority to the United States.

Meanwhile, the Park fully meets the needs of domestic enterprises in the high technology. Revenue of the Hi-Tech Park's resident companies on the domestic market over the past year amounted to BYR 1 trillion.

Valery Tsepkalo, Director of Administration of the High Technologies Park: 
Due to the increase in our export we have a large desire to diversify markets. Today we have gained foothold already in Japan and Korea, where there is a center for the development of large Korean and Japanese companies based on the High-Tech Park. They work with the financial segment in Singapore and Malaysia.