The mechanism of investment agreements allows for the creation of comfortable working conditions during project implementation, regardless of the territory where the project is being carried out. It enables the investor to establish additional guarantees for the protection of their capital while simultaneously receiving preferential terms and benefits for the construction of facilities for the investment project, including on an individual basis. The main benefits include: – construction of facilities envisaged by the investment project in parallel with the development, examination, and approval of the necessary design documentation; – provision of land plots for lease without an auction for the right to conclude a land lease agreement, with the processing of necessary land allocation documents concurrently with construction work; – full deduction of VAT amounts paid for the acquisition (import into the Republic of Belarus) of goods (works, services), property rights used for the design, construction (reconstruction), and equipping of facilities envisaged by the investment project; – exemption from import customs duties and VAT upon import into the Republic of Belarus of technological equipment (components and spare parts for it) for its use within the Republic of Belarus as part of the investment project implementation.