А.  А. Project possibilities description

А1. Project name:

а. Short name:

b. Full name:

TFT LCD-panels production set up at RPC «Integral» with the capacity of 3 Mio pcs per year

c. Brief description:

Within the framework of the project TFT LCD mass production for the assembly of TFT LCD panels
used in TV-sets as well as monitors for personal computers (PC) is intended to be set up. The associated products can be
any industrial and household appliances with the application of TFT LCD panels

А2. Project status:

Technical design basis and specifications for TFT LCD panels have been worked out. Preparation
of business plan for the investment project has been completed. Equipment/ technology sourcing is being carried out
at the current stage.

А3. Organisations involved and their roles (contact persons, phone, fax, e-mail address, home-page):

(а) Ministry of Industry of the Republic of Belarus –
governmental coordinator and guarantor of the project, investor, Partizansky Ave 2, building 4, the city of Minsk,
220033, the Republic of Belarus,
www.minprom.gov.by.

(b) State-Owned Enterprise «Semiconductor Device Factory»
of RPC «Integral» - executor of the project from the Republic of Belarus, Korzhenevskogo Str. 12, the city of Minsk,
220108, the Republic of Belarus, www.integral.by.Performs marketing, production, sale and provides after-sale service
of TFT LCD and related products.

(c) Foreign investor – supplier of equipment, technology,
components and materials. Renders consulting services and assistance in personnel training, participates in
equipment/technology installation. Takes part in the joint production of the related products.

А4. Project description (approach, objectives, components, outputs,
phases, duration, total financing, benefits, transition impact, etc.):

Within the framework of the project TFT LCD mass production for the assembly of the
TFT LCD-panels used in TV-sets and monitors for personal computers (PC) is intended to be set up.
The associated products can be any industrial and household appliances with the application of
TFT LCD panels

А5. Background / history / overall program / related or similar projects:

Since 1974 SOE «Semiconductor Device Factory» of RPC «Integral» has been engaged in design and
mass production of LCD (TN-LCD for industrial and household application; there is no production of color AM TFT LCD
for TV). Skilled personnel in the sphere of TFT LCD is available. Small assembly line for the color TFT LCD-monitors
for PC (~ 50 k pcs/year). State University of Informatics and Radio Electronics of the Republic of Belarus, which is
located in Minsk, has scientific and technological developments in the sphere of AM structures on amorphous and
polycrystal silicon.

А6. Environmental impact summary:

Cause no adverse effects to environment.

А7. Possible obstacles / problems / risk assessment:

Not determined.

А8. Project implementation and payback period (years):

3 / 3

А9. Project industry:

Electronic industry (photonics).

B. Capital Cost Items (investment requirements for the Project):

В1. Physical components:

В2. Capital investment, M$:

Equipment, technologies and components for backlight units (BLU), for LCD panels assembly and testing.

40

Equipment, technologies and components for driver IC production set up, for manufacture of PCB,
other units and TFT LCD parts (except LC-matrix).

150

To expand the production and warehouse areas with the purpose to maintain the
production volume at the rate of not less than 3Mio of LC-panels/year, development of production and technical
infrastructure, backlight devices production implementation with transfer to the use of own materials and components,
as well as implementation of manufacture and assembly of driver IC and PCBs

70

Acquisition of components and materials, production and sale costs.

35

Design and development of documentation, product registration, personnel training, marketing, service networking.

5

Total

300

B3. Sub-projects by location:

B4. Project cost, M$:

C1. Types of resources (grants, investments, equity/ownership, etc.):

D1. Financing required, type of financial assistance:

Investments

D2. Sources of financing:

D3. Type of financial instrument:

D4. Amount, M$

Foreign investments provided against the warranties of the Government of the Republic of Belarus.

Direct investments (the possible option is establishment of joint venture or loan)

300

D5. Data about financial institutions involved into the Project
implementation:

Not determined

E. Demand (users) and revenues:

E1. Type of users/ markets, volumes, pricing, revenues, benefits/savings:

Industrial and household appliances: from 600 up to 1200 k /year at the market of Belarus.
From 1 200 up to 1 800 k /year at the market of CIS.

Е2. Financial sources:

ЕЗ. Revenues (sales) M$:

Sales revenue

2011 год  –  268

2012 год  –  309

2013 год  –  352

2014 год  –  428

2015 год  –  606

2016 год  –  672

2 635

F. Operating and Maintenance Costs

F2. Cost item

F3. Amount, M$:

2011

220

2012

262

2013

306

2014

364

2015

436

2016

521

G. Net income

G1. Net income and value

G2. Amount, M$:

2011

48

2012

47

2013

46

2014

64

2015

170

2016

151

Н. Project Information Source

Н1. The form is completed by (full name and position)

Mr. Dmitry Vecher, First Deputy General Director of RPC «Integral» -
Deputy Director on Marketing of SOE «Semiconductor Devices Factory».

Н2. Organization (name and address):

SOE «Semiconductor Device Factory» of RPC «Integral», Korzhenevskogo Str. 12,
the city of Minsk, 220108, the Republic of Belarus.

Н3. Tel. \ Fax \ E-mail:

(017) 212-30-70\
vdv@integral.by

Н4. Date:

28.01.2009

Н5. The project is subordinate to/ under the jurisdiction of:

Ministry of Industry of the Republic of Berlarus