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JianYi to create Digital City at Great Stone Industrial Park

12 June 2018

MINSK – JianYi Digital City Ltd. – a newly-registered resident company at the China-Belarus Industrial Park Great Stone  - plans to implement a digital city project at the Great Stone Industrial Park in 2018-2020, reads a message posted on the official web site of the industrial park.

The digital city project is about big data processing in city planning.

JianYi Digital City Ltd. was established by Beijing JianYi Investment Development (Group), which established the China-Belarus joint design institute on the platform of Belgosproject Institute.

Belgosproject Institute engages in projecting newly built and reconstructed residential and public buildings, and engineering chains and buildings. It also develops reuse projects for buildings and custom-made designs for private individuals. The company was founded in 1933 and is based in Minsk, Belarus.

The Great Stone Industrial Park is based in Smolevichi Rayon (Minsk Oblast), where a special economic area will be established on an area of 8,048 ha subject to special legal regulations for a period of 50 years. The industrial park will host business projects in electronics, biomedicine, fine chemistry and mechanical engineering, which resident companies enjoying lucrative tax preferences. 

The total value of the project is estimated at $30 billion. The parties have agreed that Belarus will hold a 40% stake in the authorized capital of the Belarusian-Chinese company that will develop the project. 

SZAO Industrial Park Development Company was established on Aug 27, 2012 by Sinomach (32%), Minsk Oblast Administration (30.86%), China Merchants Group (20%), CAMCE (13.71%), Harbin Investment Group (2.29%), Minsk City Administration (0.57%), Belarus’ Horizont Group (0.57%). The Great Stone Park is currently developing its infrastructure. 

At the initial stage, 10,000 jobs will be created. After the part starts operating at full capacity, the number of jobs will increase to 132,000. So far 34 companies have been registered as residents at the Great Stone Park. 

© 2018 RUE «NATIONAL CENTRE FOR MARKETING AND PRICE STUDY»
Ministry of Foreign Affairs of the Republic of Belarus