President of Belarus Alexander Lukashenko has stated the need to reformat the investment direction in cooperation with China. The head of state made the relevant statements at a meeting on the development of cooperation with the PRC, BELTA correspondent reports.
"It is necessary to reformat the investment direction. Chinese foreign investment is breaking records, especially in the Belt and Road countries. Our government also reports growth (for 9 months of last year compared to the same period in 2024, more than two and a half times to $443 million). But the directive (on the development of relations with China. - BELTA note) set significantly more ambitious targets (at least half a billion dollars, annually, and at least $150 million in direct investment in each region and the city of Minsk)," the President said. - When you see the figures of direct Chinese investment by region (Vitebsk - $1 million, Grodno - $100 thousand over five years), it is immediately clear who is working how. But not just China - in principle."
"Have we done everything to make Chinese investors flock to us along the Silk Road?" the head of state asked.
He noted that dozens of Chinese companies are registered in the "Great Stone" industrial park, and the new management of the park and the government should facilitate the prompt launch and reaching of planned capacity for all declared projects.