Areas of Great Stone development in 2024 announced

In his talk with the STV TV channel, Aleksandr Yaroshenko, the Head of the Administration of the Chinese-Belarusian Industrial Park, shared the plans of Great Stone for the future

In 2023, twenty-six new residents joined the park, and that was the largest number of residents ever involved in the project in a year. The declared investment amount exceeds $120m. About 20 companies are designing their enterprises, and six are already in an active phase of construction. There is a possibility of renting. For example, a group of Belarusian-Chinese partners has organised the successful production of high-precision metalworking tools, and the latter already enjoy demand in Russia. There are also unique medical projects.

“Industrial production is now growing by more than 40 percent, jobs are being created,” Mr. Yaroshenko said. “We expect that about 2,800 high-performance, high-paying jobs will be created by the end of this year. In addition, our export revenue is growing at the same pace, and goods produced by the park’s residents are expected to be sold to sixteen countries to generate about $130m.”

The official added that the number of residents will continue to grow, and several dozen projects under development are planned to be implemented. "We study the possibility of production of liquefied natural gas on our territory with our Russian partners, and production of new materials is also in focus. We have projects in the field of composite materials, including for the aviation industry, and we also plan to develop biotechnologies, traditional Chinese medicine and pharmaceutical products in 2024," Mr. Yaroshenko said.