MINSK, October 8 (RIA Novosti) - The Chinese government will provide non-repayable assistance to Belarus in the amount of 150 million Yuan (over $24 million), the agreement published on the National Legal Internet Portal of the Republic of Belarus Wednesday said.
The agreement on technical and economic assistance between the Belarusian and the Chinese governments was signed on September 27 in Minsk in order to further develop the interstate relations.
The funds will be allocated for the electrification project of the joint Sino-Belarusian industrial park, as well as for some other projects.
Sino-Belarusian Great Stone Industrial Park is situated in Smolevichy district, Minsk region, in the distance of 25 kilometers from the capital Minsk. The park provides a number of tax and other preferences for its residents. Different production and living areas, offices and shopping malls, financial and research centers are to be created there. It is expected that the park will be used not only by the leading Chinese companies, but also by companies from other countries.
