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China will be an investor of modernization of Belarus cement works
29 October 2007
China will be an
investor of modernization of Belarus cement works.Such agreement
was signed between the Ministry of Building and Architecture of
Belarus and the Ministry of Trade of China.It has been told by the
minister of building and architecture Alexander Seleznev at
the meeting of the Belarussian-Chinese bilateral commission for
trade and economic cooperation.
He noticed that there had been problems on loan insurance in
investment of modernization cement works but to his mind the
reconstruction of cement works was the project with minimum of
risk.He suggested that we should consider the possibility of
cancelling the insurance of loans.He remarked it would
positively
influence the credit and investment cooperation.
Moreover,the Ministry of Building and Architecture will realize with China the project of joint venture on manufacture of tower cranes.Such volume of manufacture is created with participation of Chinese corporation «KATIK».
BelTA