Business news

SLUTSK, 24 April (BelTA) – Most of the facilities of the Great Stone Chinese-Belarusian Industrial Park should come on stream by late 2015, Chairman of the Minsk Oblast Executive Committee Semyon Shapiro said at a press conference on 24 April, BelTA has learned.

“The construction of the infrastructure of the Great Stone Park was launched this year. We have already started building roads and utilities. A community area has been set up for the specialists working on the construction site, including the Chinese personnel,” Semyon Shapiro said. He explained that the project will be carried out jointly by Chinese and Belarusian companies. For example, construction company No.3 of Soligorsk has already started working on the site.

As for the new residents of the park, the negotiations with a number of companies are currently underway. “The project of the Great Stone Industrial Park is very important for the Belarus-China relations. Judging by the results that we see today, I can say that the park will have something to show,” Semyon Shapiro noted.

He added that the Chinese president is set to come to Belarus on an official visit in the near future. The Chinese delegation will take part in the events to celebrate the 70th anniversary of the Victory in the Great Patriotic War and an economic forum. It is quite probable that the guests will visit the construction site of the Great Stone Industrial Park. The will also consider the possibility of extending loans to Belarus.

The Chinese-Belarusian Industrial Park is a territorial unit with a special legal regime meant to enable comfortable conditions for doing business. The park's concept provides for creating a convenient infrastructure for developing business, granting a considerable tax respite to participants of the project for a lengthy period of time, and providing a set of services to residents of the park. The priority business avenues of the park include the development of fine chemistry, biomedicine, electronics industry, mechanical engineering.

The park is located in Smolevichi District, Minsk Oblast, 25km away from Minsk in the immediate proximity to an international airport, the railway network, and the transnational motorway Berlin-Moscow. There are plans to set up manufacturing and residential zones in the park, office premises, trade and entertainment ones, a financial center, and R&D centers.