Chinese Companies View Belarus as Investment Magnet
OREANDA-NEWS. A number of Chinese companies have plans to invest in Belarus, Belarusian Premier Mikhail Myasnikovich said in a reported presented to President Alexander Lukashenko.
Myasnikovich provided the details of his latest visit to China. The premier emphasized that Belarus and China are advancing to a fundamentally new level of cooperation, i.e. from commerce and lending to investments. A number of Chinese companies have plans to invest in Belarus. “It is very important for us, because it means diversification of our capital investments,” the premier said.
According to Myasnikovich, Xi Jinping decided that the status of the official who will co-chair the joint intergovernmental commission should be as high as Deputy Premier. Xi Jinping also pledged all possible support for joint investment projects of the mutual interest. Alexander Lukashenko welcomed these decisions, the president's press-service reports.
In line with the agreements, a delegation of Chinese specialists will visit Belarus in the near future. They will discuss the existing bilateral projects, the monetary policy and assistance to investors.
The premier informed Lukashenko about the progress in establishing the Chinese-Belarusian Industrial Park. A session of the supervisory board of the park's management company will be held soon to decide on the amount of works related to internal and external infrastructure. The works to build the external infrastructure are to be finished in May-June 2014, which will allow a number of companies, like ZTE and Huawei, to get registered as resident companies of the park.
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