Belarus, Czech Republic mull over about 15 joint energy projects

       Belarus and the Czech Republic are considering about 15 joint projects in the energy sector, Deputy Foreign Minister of Belarus Alexander Guryanov told media following the plenary session of the Belarusian-Czech mixed commission on economic, industrial and sci-tech cooperation, BelTA has learned.
“Czech companies are taking part in the construction of hydroelectric power plants in Belarus. All in all, about 40 various projects are under consideration. The cost of many of them exceeds €25 million. It means these projects are serious and quite efficient for the Belarusian economy,” the official said.
      The Czech Republic is taking an active part in the work of the Belarusian industrial holding companies. An opportunity is discussed to set up a joint production of various machine-tools and equipment.
In 2013 a total of $63 million was invested by the Czech Republic to the Belarusian economy. “Half of these investments are long-term loans attracted to implement joint contracts and projects. The other half is direct investment of the Czech Republic in Belarus, i.e. investment by joint and foreign companies which number is nearing 100,” the official said.