Business news

16 May 2017

Chinese CRCC invited to build high-speed rail in Belarus
While in China, Vladimir Zinovsky met with top executives of China Railway Construction Corporation (CRCC). As promising avenues of cooperation the sides mentioned the participation of CRCC companies in further development of infrastructure and facilities in the China-Belarus industrial park Great Stone and participation in the construction of the third metro line in Minsk...

16 May 2017

China may allocate $1bn for modernization of Belarusian oil refineries
According to Xi Jinping, China has the possibility of providing assistance to Belarus in the matter. He instructed the heads of the corresponding agencies to consider the issue...

15 May 2017

Chinese CITIC Group to invest some $1.5bn in new projects in Belarus
"We have already agreed to set up an enterprise to make special robots in Belarus. We are also starting implementing projects in agribusiness, agriculture, and petrochemical industry in Belarus. The volume of investments will be close to $1.5 billion”, Wang Jiong said...

15 May 2017

Belarus, China to establish joint venture capital fund by September 2017
“All the main decisions have been made already. We intend to prepare the incorporation documents this summer in order to establish the fund by 1 September. At the same time we will be looking for venture projects in order to finance them using the Belarusian-Chinese fund this year”...

15 May 2017

Four new companies join Belarus-China industrial park
“Three companies from China’s Guangdong province will make LED products. The fourth company is engaged in geothermal research. It will produce geothermal heat pumps. These products will be in demand in the Great Stone industrial park. We plan to utilize them in Belarus’ social and residential infrastructure,” Alexander Yaroshenko told...

15 May 2017

Plans to set up Huawei's new R&D center in Belarus-China industrial park
The parties considered the proposal to set up ventures in the park to produce accessories and components for Huawei’s complex communication systems and other products. This idea was proposed by Belarus’ Ambassador to China Kirill Rudy to Huawei Vice President Amy Lin during a meeting in January 2017...

14 May 2017

China to provide over $340m for development of Belarus’ Amkodormash, Saleo-Gomel, Saleo-Kobrin
The parties are also considering matters related to China’s participation in other investment projects in Belarus. “We meet with potential investors who are ready to communicate and cooperate with us. Besides, we are exploring aspects of our presence in the domestic financial market of China,” Yuri Seliverstov said...

12 May 2017

China viewed as promising market for Belarusian ice cream
Prime Minister of Belarus Andrei Kobyakov made the statement as he was made familiar with the progress of SOOO Morozproduct’s retooling campaign in Pukhovichi District, Minsk Oblast...

12 May 2017

Belarusian business invited to attend Economic Forum Velden in Austria
Belarusian Deputy Economy Minister Pavel Utyupin emphasized that Belarus is interested in boosting the trade with Austria and presented opportunities for strengthening the investment cooperation between the countries. He said that tourism, woodworking industry, and agriculture are promising cooperation areas...

12 May 2017

Chinese corporation seeks closer cooperation with Vitebsk Oblast
“We are implementing a number of projects in Belarus. Some of them have already been completed. For instance, we took part in the reconstruction of CHP plant No.2 and CHP plant No.5 in Minsk. Our corporation performs the functions of a general contractor and prepares subcontracting organizations"...

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