Monday 22 July 2013

China to Make Cars in Belarus | Business | The Moscow Times

China to Make Cars in Belarus | Business | The Moscow Times:

"Chinese automaker Geely agreed to set up a joint venture in Belarus to assemble its cars, with an eye to eventually export some of the output to Russia, the company said Monday.

Under the agreement, Zhejiang Geely Holding Group will team up with two Belarusian companies, Belaz and Soyuz in a venture with an annual capacity of 120,000 units.

"The project's production capacity and product line will subsequently be expanded to allow it to supply Russia, Ukraine and the wider CIS market," Geely said in a statement. Geely said it was the first automotive joint venture between China and Belarus."

'via Blog this'

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