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02 October 2015, 11:48

Construction of Minsk Mir multipurpose compound launched

MINSK, 2 October (BelTA) – Dana Astra, a company of the Dana Holdings group of companies, has launched the construction of the Minsk Mir multipurpose compound at the site of the former airport Minsk 1. The ceremony of laying the first stone of the new Minsk neighborhood took place on 2 October, BelTA has learned.

Gary Burrows, Head of Property and Asset Management at Dana Holdings, noted that the concept of the Minsk Mir project was approved by Belarus President Alexander Lukashenko. He stressed that at present it is the largest building project in Europe. The attention from the Belarusian leader has brought the project to a new level. Dana Astra has plans to develop not only thousands of square meters of residential housing and social infrastructure, but also the biggest shopping and entertainment center, and an international financial center.

Mr Gary Burrows believes that the construction of the international financial center, which is unparalleled in Europe, will become a strategic project for Belarus as it will place Minsk among the most attractive cities on the continent in terms of foreign investment. The financial center will draw international companies and providers of financial services, help create thousands of jobs, and promote the development of the Belarusian economy.

Mr Gary Burrows said that the Minsk Mir project advances the concept of urban renewal to a new level. It will represent a model of a smart city of the future, a conglomerate of business activities and social and cultural life of residents. “The combination of medium-rise buildings, high-risers, and vast green areas will create an image of a lively city that will attract investors, new residents, and tourists. Minsk Mir is, indeed, a multipurpose area that will usher in a new era of the prosperous development of Minsk,” Gary Burrows stressed.

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