MINSK, Jan. 11 (Xinhua) - The company-producer of radiators from cast aluminum and radiators from steel and aluminum has been registered in the Chinese-Belarusian Industrial Park "Great Stone".
The new resident company is SAS Industrial that has been established by the Zhejiang manufacturing and trade company Yongkang Hongfu, First Deputy General Director of the Company for the development of the industrial park Cyril Koroteev said on Wednesday.
Four hectares of land will be used for this project, and the total investment of the project will be around 16 million U.S. dollars.
Koroteev said that after reaching its design capacity the company is planned to produce 8 million pieces of radiators.
Initially the company will create 70-80 jobs. Later on the company will have a total of 180 jobs. The entire output will be exported.