BELARUS NEWS AND ANALYSIS

DATE:

09/09/2008

Severstal seeks to build steel plant in Belarus

RBC, 09.09.2008, Minsk 12:18:22.Severstal is interested in the construction of a new steel plant in Belarus, the country's Prime Minister Sergei Sidorsky was cited by the cabinet's press office as saying following talks with Vyacheslav Pozgalyov, governor of Russia's Vologda region. The PM noted that the matter had been discussed during a meeting in Minsk. Sidorsky added that the Belarus government planned to introduce the proposal on building the plant to President Alexander Lukashenko. The project has been estimated at more than $2bn. A feasibility study is being carried out, and Belarus intends to launch a construction tender in the near future. Severstal showed interest in the project a month ago, according to Sidorsky.

Source:

http://www.rbcnews.com/free/20080909121822.shtml

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