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Belarus-China joint venture on manufacture of tower cranes is planning to produce up to 100 cranes in a year.

19 November 2007

Belarus-China joint venture on manufacture of tower cranes is planning to produce up to 100 cranes in a year.

Deputy Minister of construction and architecture Vladimir Malets has informed correspondent BelTA that such volume of manufacture is specified in the frame agreement on creation of joint venture with participation of Chinese corporation "KATIK".

   

Question of production expansion and increase of release volume can be considered in the future. On the other hand even if in the first year of joint venture creation we won’t be able to make 100 cranes, but only 35-40, it’s not going to be a failure of all project. Capacities can be mastered gradually" - Vladimir Malets has specified.

Volume of necessary investments for creation of joint venture is not specified yet. Vladimir Malets has noted that the most likely participation of Belarus and Chinese parties is 50:50.

Some variants of site location for assembly manufacture of joint venture are considered In the Ministry of construction and architecture. Basis of the Mogilev factory "Strommashina" is also considered.

Final decision of a question on creation of joint venture will follow after will be specified, how much domestic standards of operation of tower cranes correspond to Chinese standards. Vladimir Malets has added that requirements on industrial safety of technics are prime.

Tower cranes yard of Belarus requires serious updating. More than 700 units of this technics demand replacement.

BelTA

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