Business news

BEIJING, 15 May (BelTA) – Another four Chinese enterprises became resident companies of the Belarus-China Great Stone industrial park. The relevant agreements were signed at Belarus’ embassy in China on 15 May, BelTA has learned.

The four companies are OOO Bel Lotosland, OOO AE International Investment, the lighting equipment producer Feng Cheng, and OOO Fluence International Technology.

“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,” Head of the China-Belarus industrial park Great Stone administration Alexander Yaroshenko told the media.

According to him, products of the new resident companies will be in demand in Belarus as well as in foreign countries.

Thus, the number of the park’s resident companies grew up to 13. Alexander Yaroshenko underlined that some projects can pay off within a year and a half. This is why residence in the Great Stone industrial park is very profitable for business. It can also get interested in the preferences and well-handled investment policy to attract cutting-edge technologies and innovations, he noted.