Japanese corporation willing to invest in Belarus' chemical industry

Japanese corporation willing to invest in Belarus' chemical industry

Belarus hopes for a significant expansion of cooperation with Japan. On February 18, this was stated by First Deputy Prime Minister of Belarus Vasily Matyushevsky at a meeting with advisor to the president of the largest Japanese corporation Marubeni.

Belarus is ready to offer cooperation in the petrochemical industry and the automotive industry, and in the establishment of enterprises for the production of agricultural and food products.

In turn, the partners said they are willing to invest in the chemical industry.

Japanese corporation Marubeni is among the five largest trading companies in Japan. Its core activity is the implementation of investment projects in foreign countries, exports and imports of consumer and industrial goods, and the fulfillment of the functions of a general contractor in the construction of factories and industries.

Vasily Matyushevsky, First Deputy Prime Minister of the Republic of Belarus:
Belarus regards Japan as an important and promising partner in Southeast Asia. We see great potential for cooperation between our countries in the implementation of projects in the field of chemical, petrochemical, and automotive industry, particularly with regard to components for car assembly plants of Japanese brands that operate in Russia.

Wataru Yoshida, advisor to the president of the company:
We are interested in cooperation with Belarus. And we want to focus on investment in the chemical industry. We also participate in joint projects related to the modernization of the complex for the production of polyester fibers and products.