MINSK, 21 December (BelTA) – Two new resident companies have been registered at the China-Belarus Industrial Park Great Stone, BelTA has learned.
On 21 December the industrial park welcomed Junchi Technology (China) and the China-Belarus High-Tech Aerospace Research and Development Center. Thus, the total number of resident companies grew to 41, including 24 companies from China.
Head of the industrial park administration Alexander Yaroshenko emphasized the importance of joint effort to turn the park into a gem of the Silk Road Economic Belt. SZAO Industrial Park Development Company CEO Hu Zheng noted that the registration of new companies marks another development milestone for the park.
Junchi Technology produces transparent LED screens and LED monoblocks. LED screens are used to design stages, exhibitions, large-scale sporting events. They were extensively used during the 23rd Olympic Winter Games in the Republic of Korea in 2018. It is an innovative product that corresponds to the highest environmental standards. The founder is Shenzhen Junchi Technology Co., Ltd., one of the world's leaders in designing LED control systems. Its products are exported to more than 100 countries and are in high demand in China. The total investment in the project will amount to $3.2 million.
Being the resident company of the park OOO China-Belarus High-Tech Aerospace Research and Development Center will do research in the field of space technology. Its founder is China Aerospace Corporation (CASC). The volume of investments will amount to $2 million. CASC is engaged in research, design, manufacturing and launch of space systems such as launch vehicles, satellites and manned spaceships, strategic and tactical missiles. CASC also provides commercial launch services to the international market.More about Economy