The China Machinery Engineering Corporation (CMEC) has built a 100kV substation named Technopark at the China-Belarus Industrial Park Great Stone.
CMEC is the general contractor for electrifying the initial development area of the Great Stone Park.
The Great Stone Industrial Park is based in Smolevichi district (Minsk region), where a special economic zone will be established on an area of 8,048 ha subject to special legal regulations for a period of 50 years. The industrial park will host business projects in electronics, biomedicine, fine chemistry and mechanical engineering, with resident companies enjoying lucrative tax preferences.
The total value of the project is estimated at $30 billion. The parties have agreed that Belarus will hold a 40% stake in the authorized capital of the Belarusian-Chinese company that will develop the project. (Prime-TASS/Business World Magazine)