Heads of the AMKODOR Holding Had Talks with Top Officials of CITIC Group and CITIC Construction

Alexander Shakutin, Chairman of the Board of Directors of the AMKODOR holding, held talks in Beijing with the heads of the largest Chinese corporations – Wang Jiong, President of CITIC Group and Chen Xiaojia, Chairman of the Board of Directors of CITIC Construction. 

Start of the project implementation for the construction of the AMKODOR-Mash plant was discussed with the head of CITIC Group. The Parties expressed satisfaction with the existing business relations and confirmed the agreements reached earlier on all issues. 

The visit of Mr. Wang Jiong to Belarus is planned on May of 2018; it is probable that he personally takes part in grand opening of construction of the enterprise which will become one of the biggest machine engineering complexes of our country.

During the negotiations with Mr. Chen Xiaojia, the Head of CITIC Construction, current issues for the implementation of the project for the construction of a social and business complex on Pobediteley Avenue in Minsk were discussed. The deadline for the construction was determined – December of 2018. 

For reference. CITIC Group is the International Chinese Investment Property Management Corporation — one of the biggest state investment corporations of China. It was established in 1979 г. Currently, it occupies the 156th place in the ranking of the world’s biggest companies.

CITIC Construction is a subsidiary construction company which according to the results of 2013 occupied the 46th position in the world in terms of the scope of the completed orders. Construction of the “Bird’s Nest”, the main stadium of the Olympic Games 2008 in Beijing, construction of public welfare houses in Angola for the total amount of USD 10 billion, construction of a high-way in Algeria for the total amount of USD 6.3 billion have been among the largest projects implemented by the company in recent years.