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Investments

 In 2006, investments in economy and social sphere of the Dokshitsy region made up Br48.844 million, or 11.4% up from the previous year. Investment into manufacturing facilities amounted to Br27.406 million, what accounts for 56% of the total investments.

The utilization of investment by branch:
- industry - Br839 million, 1.8% of the total volume
- housing construction – Br7.288 million (14.%)
- transport and communications - Br2.747 million (5.6%),
- healthcare, physical education and social security - Br6.881 million (14.1%)
- agriculture - Br11.780 million (24.1%).

The main source of investing is the consolidated budget (49.8%). The role of banking loans has been increasing (18%) and financial assets of legal entities (19%).

In 2007, the region is set to meet the target to attract Br61,3 billion worth of capital investments (an increase by 15.2% from 2006) by means of implementing such investment projects as

- development of the agro-towns Parafjanovo and Sitsy;
- construction of a fuel pellet shop at Vitebskoye company;
- housing construction
- major repairs of the cinema hall Iskra

- construction of a school in the village of Torguny, major repairs of educational establishments, purchasing computers

- purchasing machines, equipment, vehicles, etc.

- modernizing village cultural palaces and public amenities centres

- building access roads to the houses in the rural area

- developing the engineering network of the 45-apartment house of Housing Society #5 in Polevogo Street in the settlement of Dokshitsy  and others.

In 2007, the investments in the production sphere will increase mainly due to own funds of the companies and bank loans, those in the nonproduction sphere – due to the budget sources, credit resources and own funds of the population.

This year the region will invest into the production sphere to upgrade, retool and reequip production facilities, to renew technologies in order to create a necessary basis for enhancing competitive power and efficiency of companies.

One of the main areas of promoting investment activities will be development of the settlements of Dokshitsy and Begoml.

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