Early this week, at a meeting of Alexander Lukashenko with the head of Midea Group Fang Hongbo, the President of Belarus expressed his readiness to support new projects with the Chinese corporation.
Ten years ago, the company came to Belarus with direct investments. Together with Horizont Holding Management Company, it began production of microwave ovens and water heaters. The Chairman of the company and the President of Belarus discussed options for promoting cooperation. Chinese investors in the European market are interested in Belarus. In the future, another 5 investment projects, worth over half a billion dollars are expected to be implemented.
Fang Hongbo noted he was pleased with the results of his visit to Belarus. There is a good reason for expanding China's presence in Belarus. This shows the strengthening of cooperation between Minsk and Beijing, including within the framework of the One Belt and One Road Initiative.
Alexander Lukashenko once again assured Fang Hongbo that all high-tech initiatives of the corporation will be supported by the state, and when it comes to the dialogue with such a serious and reliable investor – and with China as a whole – Belarus has no closed topics.
