The business plan of Chinese Chery Company envisages $102 million worth of investments to start up the production of 50,000 cars in Belarus, BelTA learned from Deputy Chairman of the Belarusian Scientific and Industrial Association (BSIA), Chairman of the Board of Directors of Chinese Cars Company Sergei Varivoda.

The state-run China Development Bank is going to finance a project to upgrade Dobrush Paper Mill, BelTA learnt from the public relations department of the Economy Ministry of Belarus.
 

Belarus will hold negotiations with the Export-Import Bank of China to discuss financing for the project to build a sodium carbonate factory in Mozyr District, Gomel Oblast. The plans are laid down by Council of Ministers resolution No. 1241 of 17 September 2011, the press service of the Belarusian government told BelTA.

Belarus is set to conduct talks with the Export-Import Bank of China on cooperation in investment and privatization areas. The decision is envisaged in Council of Ministers’ Resolution No. 1226 of 15 September 2011, BelTA learnt from the press service of the Belarusian government.

China has been invited to partake in the construction of a coal-fired power plant in Belarus, Energy Minister of Belarus Alexander Ozerets told media on 19 September.

The Chinese side is invited to take part in implementing $2.5 billion worth of Belarusian power engineering projects, representatives of the Belarusian Energy Ministry told BelTA.

Belarus appreciates China’s suggestions to stabilize the macroeconomic situation, Belarus President Alexander Lukashenko said as he met with Chairman of the Standing Committee of the National People’s Congress of China Wu Bango on 19 September, BelTA has learnt.

Belarus-China all-round cooperation is increasingly vibrant, President of Belarus Alexander Lukashenko said as he met with Chairman of the Standing Committee of the National People’s Congress of China Wu Bangguo, BelTA has learned.

The China Development Bank is expected to grant a $189-million loan to finance the construction of the Vitebsk hydropower plant on the Western Dvina River. The relevant loan agreement was concluded between Vitebskenergo and the Chinese bank, BelTA learnt from the Energy Ministry of Belarus.

Governments of Belarus and China signed a framework agreement on the China-Belarus industrial park in Minsk on 18 September, BelTA has learned.

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