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The Rise and Fall of Belarus’s Tech Industry: Challenges and Opportunities

Gabriel Bello Obando by Gabriel Bello Obando
March 23, 2023
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Belarus, a landlocked country in Eastern Europe, has a rich history in the electronics industry. Since the Soviet era, Belarus has been a hub for electronics production, with many factories and companies in the country. However, the Belarusian economy has shifted towards software development in recent years, establishing a Hi-Tech Park in 2005.

The Belarusian government created the Hi-Tech Park to incentivize digital businesses and offer tax breaks to companies that operate within the park. The scheme was successful, and software development became the main driver of Belarus’s economic growth. In 2019, software development accounted for half of all GDP growth in the country.

Despite this success, the Belarusian government has recently cracked down on the IT sector. Following the 2020 presidential election, in which IT workers played an essential role in opposition protests, the government has implemented new laws restricting internet freedom and increasing surveillance. This has led to many IT professionals fleeing the country for greater independence.

Neighboring countries such as Poland, Lithuania, and Latvia have offered incentives to Belarusian professionals, hoping to attract skilled workers to their tech industries. These incentives include fast-track visas, financial assistance, and job placement programs. As a result, many IT workers have left Belarus for more excellent opportunities abroad.

The departure of IT professionals has significantly impacted the Belarusian economy. The country’s tech industry was once a primary source of economic growth and job creation but now faces substantial challenges. It remains to be seen whether the Belarusian government will take steps to address the concerns of the IT sector and attract skilled workers back to the country.

Overall, the situation in Belarus highlights the importance of government policies in fostering the tech industry’s growth. While incentives and tax breaks can effectively drive economic growth, political instability, and government crackdowns can have serious consequences. As the tech industry continues to grow globally, governments must prioritize policies that promote innovation and support the professionals who drive it forward.

Despite these challenges, there are still some who believe in the potential of the Belarusian tech industry. The government has recently announced plans to revamp the Hi-Tech Park and improve its incentives to retain talent and attract new investors. Additionally, grassroots efforts are underway to create a more supportive environment for IT workers, including establishing coworking spaces and startup accelerators.

One example of a successful Belarusian tech company is Viber, a messaging app that Japanese e-commerce giant Rakuten acquired in 2014 for $900 million. Despite the challenges posed by the government’s crackdown, Viber’s success has inspired other startups to pursue their own goals.

Overall, the future of the Belarusian tech industry remains uncertain. While the government has taken steps to improve its incentives, the authoritarian regime and the country’s unstable political situation continue to pose significant challenges. However, the talent and potential of Belarusian IT workers cannot be ignored, and it remains to be seen how they will navigate this complex landscape in the years to come.

Tags: Belarus
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