China Merchants Group to build $500m logistics hub in China-Belarus Industrial Park

      China Merchants Group intends to build a logistics hub in the China-Belarus industrial park Great Stone, BelTA quotes Li Jianhong, Chairman of China Merchants Group, during the Belarusian-Chinese interregional business forum. “We plan to invest $500 million,” said Li Jianhong. He specified that there are plans to build 50,000m2 of the premises this year.
       The logistics hub is supposed to become a link between Asia and the European Union. “Belarus is a land country. In order to attract major enterprises to the industrial park, it is necessary to come up with ways to reduce the prime cost of merchandise through streamlining transportation costs. We would like to build this road for the park’s resident companies,” noted the head of the Chinese company as he commented on the need to build the logistics hub.