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Belarus, China work on $3bn worth of investment projects

MINSK, 22 August (BelTA) - Belarus is working out 15 new strategic investment projects worth $3 billion with China, Belarusian President Aleksandr Lukashenko said as he met with Premier of the State Council of the People's Republic of China Li Qiang in Minsk on 22 August, BelTA has learned.

“There are 15 new investment projects of strategic level worth up to $3 billion are under active consideration with Chinese partners,” Aleksandr Lukashenko said.

According to him, the most important ones include the third stage of the project on deep grain processing of the Belarusian National Biotechnology Corporation, construction of plants to produce bleached pulp and chipboard, organization of modern automated casting, production of engines, polypropylene, urea, sodium chlorate, hydrogen peroxide, and soda ash.

“We believe that the enterprises that will be built in Belarus will benefit the Chinese economy as well,” the president said.

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