China’s Sinomach ready to promote Great Stone Park as foothold for China’s investments
<p> MINSK, Feb 10 - PrimePress. China National Machinery Industry Corporation (Sinomach) is ready to promote the Belarus-China Great Stone Industrial Park as a platform for attracting Chinese investments, Sinomach Chairman of the Board Zhang Xiaolun said at the meeting with Ambassador Extraordinary and Plenipotentiary of Belarus to China Yuri Senko on February 9, 2021, the Belarusian embassy reports. </p> <p> </p> <p> Senko emphasized that Belarus highly valued strategic cooperation with Sinomach, which was one of the originators of the Great Stone Industrial Park. He said Belarus was looking forward to new industrial, agricultural, pharmaceutical and other projects in Belarus, involving Sinomach companies. </p> <p> </p> <p> Zhang Xiaolun said China was willing to develop and promote the Great Stone Park as a leading platform for attracting Chinese investment and new projects, and invited Ambassador Senko to visit Sinomach enterprises in Chinese regions, reads the report. </p> <p> </p> <p> The parties also discussed a new comprehensive project on China’s traditional medicine in the Park and the expansion of the use of effective Chinese medicinal practices in Belarus and neighboring countries. Senko and Xiaolun signed a memorandum of intent to cooperate in promoting Chinese traditional medicine in the Great Stone Industrial Park. </p> <p> </p> <p> Sinomach is a shareholder of Great Stone Park, hosts the corporation’s subsidiary YTO engaged (since 2020) in the establishment of the Sinomach Torch Park to develop a research platform for high-tech R&D projects. </p> <p> </p> <p> The Great Stone Park is located in the area of the Minsk National International Airport in the area of 112.5 sq. km. The special preferential legal regime is granted to the Park until 2062. Its residents mainly focus on electronics, biomedicine, fine chemistry and mechanical engineering. The declared investment for residents is $5 million (at least $500,000 for a research project). The land in the Park can be privatized. Sixty-seven companies from 15 countries are registered as residents of the park, with total declared investments of over $1.2 billion. End </p> <p> </p>
2021-02-11
Primepress
MINSK, Feb 10 - PrimePress. China National Machinery Industry Corporation (Sinomach) is ready to promote the Belarus-China Great Stone Industrial Park as a platform for attracting Chinese investments, Sinomach Chairman of the Board Zhang Xiaolun said at the meeting with Ambassador Extraordinary and Plenipotentiary of Belarus to China Yuri Senko on February 9, 2021, the Belarusian embassy reports.
Senko emphasized that Belarus highly valued strategic cooperation with Sinomach, which was one of the originators of the Great Stone Industrial Park. He said Belarus was looking forward to new industrial, agricultural, pharmaceutical and other projects in Belarus, involving Sinomach companies.
Zhang Xiaolun said China was willing to develop and promote the Great Stone Park as a leading platform for attracting Chinese investment and new projects, and invited Ambassador Senko to visit Sinomach enterprises in Chinese regions, reads the report.
The parties also discussed a new comprehensive project on China’s traditional medicine in the Park and the expansion of the use of effective Chinese medicinal practices in Belarus and neighboring countries. Senko and Xiaolun signed a memorandum of intent to cooperate in promoting Chinese traditional medicine in the Great Stone Industrial Park.
Sinomach is a shareholder of Great Stone Park, hosts the corporation’s subsidiary YTO engaged (since 2020) in the establishment of the Sinomach Torch Park to develop a research platform for high-tech R&D projects.
The Great Stone Park is located in the area of the Minsk National International Airport in the area of 112.5 sq. km. The special preferential legal regime is granted to the Park until 2062. Its residents mainly focus on electronics, biomedicine, fine chemistry and mechanical engineering. The declared investment for residents is $5 million (at least $500,000 for a research project). The land in the Park can be privatized. Sixty-seven companies from 15 countries are registered as residents of the park, with total declared investments of over $1.2 billion. End