Business news
New company in China-Belarus industrial park Great Stone to make medical products
MINSK, 4 October (BelTA) – A new resident company has been registered in the China-Belarus industrial park Great Stone. OOO SF Medical Products has a share of German capital, BelTA has learned.
The project is meant to create a high-tech enterprise to make medical products such as intravascular catheters, three-part syringes, sterile injection needles, and other kinds.
The enterprise will export about 90% of the output to the European Union, the Eurasian Economic Union, the Commonwealth of Independent States, and Middle East countries. Initial investments will exceed $5 million. The project provides for creating over 100 jobs.
The enterprise is supposed to start making merchandise in 2019-2020.
The China-Belarus industrial park Great Stone is a territory where resident companies are granted a number of preferences in comparison with the rest of the country.
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