Business news

China-Belarus industrial park, Russia's economic zone sign cooperation agreement

Photo courtesy of the press service

MINSK, 4 October (BelTA) - The Great Stone park and the special economic zone Ulyanovsk have signed a cooperation agreement, BelTA learned from the press service of the industrial park.

The Great Stone park hosted a delegation of Ulyanovsk Oblast of the Russian Federation headed by Governor Aleksei Russkikh.

During the visit, a cooperation agreement was signed between the administration of the park and the special economic zone Ulyanovsk that currently has 44 residents working in mechanical engineering, composite materials and other industries.

A partnership agreement was also signed between KPSR GROUP (Belarus) and Promservice AO (Russia).

The China-Belarus Industrial Park Great Stone is a special economic zone with a special legal regime. It is located 25km away from Minsk. The park’s priority development areas include mechanical engineering, electronics and telecommunications, biotechnologies, pharmaceutics, new materials, logistics, digital commerce, big data storage and processing.

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