AMKODOR holding starts a full-scale cooperation with Chinese corporation the CITIC Group

Today the representative delegation of the «CITIC Group» (PRC) headed by its President Mr. Wang Jun arrived at Minsk with the official visit. The itinerary of a visit of the honored guests includes signing of memorandum and contracts on bilateral cooperation, discussion of joint promising projects with AMKODOR holding management.  On July, 19 the contracts on AMKODOR-Mach plant construction, Memorandum between AMKODOR-holding managing company JSC and CITIC GROUP CORPORATION on joint agricultural holding at Shklov region, Memorandum between AMKODOR-holding managing company JSC and CITIC CONSTRUCTION LTD. on cooperation in agricultural machinery industry and also Memorandum on cooperation between ABSOLUT BANK CJSC and CITIC CONSTRUCTION will be signed. As a part of the visit it will take place an official ceremony for the starting of construction of the hotel and business center with tennis court within the boundaries of Pobedityeley avenue – Vyesninka lane in Minsk. On July, 20 in the presence of honored guests the capsule containing a message for future generations in Belarusian and Chinese will be laid on the site.
This Belarusian-Chinese project is unprecedented as it’s a first time of direct Chinese investments in construction project in Belarus on net basis at the rate of 120 mln US dollars.

Construction of hotel and business center with tennis court with a high level of service, with a wide range of business services for clients of the center and well-developed social-sporting and recreative infrastructure with a total area of more than 140 000 sq. km in the Central district of Minsk will be one and only in our republic. It is promoted as multifunctional business area with diverse infrastructure which allows functioning quite independent. The project is oriented to the modern life style of people which requires the optimal work place design, place for living, working and free time.
In Belarus CITIC Group has the representation and project-engineering joint company with RUE Belpromproject. The Chinese corporation has also implemented a project on turnkey construction of three cement plants and modernized three functional cement plants. Today CITIC Group takes part in construction of Belgee automobile plant and modernization of Orsha linen factory.
Brand identity of CITIC Group is the National Olympic Stadium in Beijing “Bird’s Nest” constructed by this company.

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