MINSK, 4 August (BelTA) – The project to build a gear units plant has been prolonged till 2021. Corresponding Decree No. 272 of 1 August 2017 signed by Belarus President Alexander Lukashenko has been published on the National Legal Internet Portal, BelTA informs.
The document amends Decree No. 157 of 10 April 2017. In accordance with the previous decree, the plant should have been built in Minsk District in 2014-2017.
The current investment project envisages the construction of mechanic and hydtromechanic gear units and elements of electromechanic gear units with necessary engineering and transport infrastructure, and the launch of production.
The project will be sponsored by the innovative fund of the Minsk City Hall and other sources in compliance with the legislation.
The Minsk City Hall has been instructed to make a decision pass 490 shares worth Br49,000 to the hydtromechanic gear units plant within three months.
The decree enters into force after its official publication.
