Since the beginning of this year, the exports of Belarusian Forestry Ministry enterprises have increased significantly. From January to May, wood processing companies exported 352,700 cubic meters of sawn timber. This is an increase of nearly 30% over the same period last year. The export for the same period in 2019 was 271,800 cubic meters.
In the future, the railway export capacity will be further expanded. This year, the Belarusian Railway will begin construction of a new Chinese-European freight terminal. It will be located in the Great Stone Industrial Park, an industrial park jointly invested by China and Belarus. The design and preliminary works of the future cargo terminal will begin this year. At the initial stage, participants intend to invest approximately US$30 million. The project includes the construction of the freight terminal itself, cargo storage area and railway siding.
In the past, these goods were transported entirely by sea and foreign freight forwarders, which had a greater impact on the final cost of the product. At present, through direct communication with terminal buyers, the launch of container trains will enable Belarusian forestry companies not only to ensure their position in the Chinese market, but also to be competitive in this market.
At present, some Chinese domestic buyers are interested in buying Belarusian spruce and pine sawn timber. The possibility of shipping hardwood products is also being considered. It is possible also that Belarusian forestry companies to ship sawn timber to China monthly.
The Great Stone Industrial Park started construction in May 2015. It is located 25 kilometers southeast of Minsk, the capital of Belarus, close to Minsk Airport. According to the plan, the entire project will be completed in 2030. The investment in the development of this industrial park is estimated at USD 2 billion (approximately EUR 1.8 billion). Up to now, the project has invested about 430 million US dollars (about 384 million euros). At present, more than 50 companies have settled in the park, most of which are Chinese companies.
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