China to invest $120 million in hotel and business center in Minsk

China to invest $120 million in hotel and business center in Minsk

Another joint Belarusian-Chinese project has started today - the construction of a modern hotel and business complex in the Tsentralnyi district of Minsk. On July 20 a capsule was laid here with a message to future generations in Belarusian and Chinese.

The design occupies an area of ​​140,000 square meters and is unique for Belarus. The high-risers, from 9 to 25 floors, will house offices, a hotel and even a clinic. A fitness center and 8 tennis courts are also included in the plan.

The multifunctional quarter with good infrastructure is focused primarily on modern lifestyle.

The amount of direct investment from the Chinese corporation will be $120 million.

Cui Qiming, Ambassador Extraordinary and Plenipotentiary of the People's Republic to the Republic of Belarus:    
Now we are faced with a very important task: to implement the agreement between our countries. This project is a very important step. There are prospects of business cooperation between China and Belarus in all areas. They have a huge potential, excellent prospects.

Alexander Shakutin, Chairman of the Board of Directors of OAO "Amkodor” — holding managing company":
I can say with confidence that it will be one of the most beautiful places of Minsk. It will beautify our capital. I would say that this will truly be a place of business meetings.