ZTE finalizing plan for new plant in Belarus

ZTE Corp, one of China's major telecommunication companies, is putting the final touches on an investment plan to build a factory in Belarus.

Together with VASL Speditions-und Handelsgesellschaft mbH, a German company specializing in logistics, trade and consultancy, ZTE will manufacture telecommunication products at the 90-square-km China-Belarus Industrial Park in Minsk, which is due to open next year.

"We hope to finalize our investment plan in the next few days," Tang Luhao, general manager of ZTE operations in Belarus, Ukraine and the Baltic states, told China Daily before President Xi Jinping's visit to Belarus. "With our German partner, we are going to lease land and start constructing a factory at the park in June to manufacture locally."