BELARUS NEWS AND ANALYSIS

DATE:

21/09/2010

Syria, Belarus establishing a joint company for manufacturing cars and trucks

Syria (Damascus)- Syrian Minister of Industry Fuad Issa al-Juni discussed with Chairman of Board of Directors of Belarusian MAZ and MZNT companies the draft project of establishing a joint Syrian-Belarusian company for manufacturing cars and trucks, reports Global Arab Network according Syrian sources.

The state-run news agensy stated that the project comes as part of the resumption of the discussions between the two sides which started during President Bashar al-Assad's visit to Belarus in July.

The two sides agreed on the share percentage in the joint company which is to build MZNT truck and MAZ buses in Syria in cooperation with Minsk Company for Manufacturing Truck in addition to the public and private sectors.

The two sides underlined the importance of making a feasibility study for this company in a two-month period as a step before signing the contract.

Source:

http://www.english.globalarabnetwork.com/201009227317/Industry/syria-belarus-establishing-a-joint-company-for-manufacturing-cars-and-trucks.html


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