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1 Aug 2017

China YTO to team up with Belarusian companies to produce spare parts for farming machinery

MINSK, 1 August (BelTA) – China’s YTO Group Corporation will cooperate with Belarusian companies in the production of spare parts for agricultural machinery, Chairman of the Board of YTO Group Corporation Zhao Yanshui told the media during a visit of the Chinese delegation to OAO BelAZ on 1 August. The delegation was led by Chairman of the State-owned Assets Supervision and Administration Commission at China’s State Council Xiao Yaqing, BelTA has learned.

“The main line of business of our company is the production of agricultural equipment and spare parts for it. We opened our office in the China-Belarus industrial park Great Stone today. It is planned that we will be working in close cooperation with the Minsk Tractor Plant, Amkodor, Saleo and jointly produce spare parts for agricultural equipment on the territory of the industrial park. Every company will use its advantages. In the future we plan to sell our products to the CIS, Eastern Europe, Central Asia, including China,” said Zhao Yanshui.

He stressed that it was his first visit to BelAZ. “The impressions are good, especially if we talk about the 450t machinery. We know that the production level at BelAZ is very high,” Zhao Yanshui said.BelAZ actively cooperates with Chinese companies. For instance, a joint company AVIK-BelAZ Mine Trucks was set up in China in cooperation with CATIC Supply. BelAZ also takes part in the implementation of a joint project in the production of cars in Belarus – the construction of the BelGee factory to make Geely cars.

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