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On February 13, the IBA
Group's new affiliate was registered by the High–Tech Park Supervisory Board as
a resident of High–Tech Park.IT Park was founded within IBA Group with the aim of representing the company in the Belarusian High Technologies Park. Today, IT Park employs 37 highly–skilled professionals, and expansion is planned in the near future. About High–Tech Park: In September 2005, the President of Belarus signed the decree #12 "On High Tech Park” to raise competitive capacity of the national economy and its IT industry. The guidelines of the Park's activity are not only the development of information and communication technologies (ICT) in the republic but also export of these technologies to different countries. A special legal regime functions within the High Tech Park. High Tech Park residents receive a number of benefits and privileges as regards taxes, custom duties, insurance dues, offshore charges, and rent rates. The area of the Park is 50 hectares and it borders the territory of the National Academy of Sciences in Minsk.
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