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21 June 2010 → Chinese BUCC invests over $300m in Minsk residential area Lebyazhy

Beijing Uni-Construction Group Co. Ltd (BUCC) invests over $300 million in the construction of the residential area Lebyazhy in Minsk, Chairman of the BUCC Board of Directors Zhang Guilin said during a foundation stone ceremony of the future residential district on 18 June.

Attending the event was Chairman of the State Control Committee Zenon Lomat, who co-chairs the Belarusian part of the Belarus-China Commission for Trade and Economic Cooperation, Acting Mayor of Minsk Nikolai Ladutko and Beijing Mayor Guo Jinlong.

The BUCC representative noted that the company makes the list of the 200 large international contractors. This is the first commercial project related to real estate in Belarus for the company.

An estimated 300,000 square meters of houses will be built up in four years. “We will send the best managers, designers and constructors to the Belarusian capital. Our motto is world quality and Chinese technologies,” Guo Jinlong stressed.

According to Nikolai Ladutko, the Lebyazhy residential area construction project is one of the most important documents signed during the official visit of Vice-President of the People’s Republic of China Xi Jinping to Minsk (on 24-25 March – BelTA). “It will become another picturesque place in Minsk,” the Acting Mayor of Minsk. The residential area will consist of three parts, therefore the Belarusian constructors will work alongside the Chinese specialists. “I think it will raise healthy competition and increase the quality of the works,” Nikolai Ladutko said.

The Mayor of Beijing expressed confidence that the implementation of this joint project would open a new page in Belarus-China relations and make Minsk even more beautiful for 2014 IIHF World Championships.

The general contractor of the project is Beijing Uni-Construction Group Co. Ltd (BUCC).

News provided by Agency «BelTA»

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