On July 2nd, local time, the signing ceremony was held in China-Belarus Boulder Industrial Park. The chairman of Fast Group, Yan Jianbo, general manager of Shaanxi Fast Gear Co., and Ivankovic, general manager of Maz Group, represented the two companies. Signed a cooperation agreement between Mars and Maz and attended the groundbreaking ceremony.

This is the second overseas factory invested by Fars in the “Belt and Road” following the establishment of the factory in Thailand. It is the fruitful achievements and significant progress made by Fast’s “5221” strategy, which is to promote Shaanxi to catch up. Deeply integrate into the “Belt and Road” construction to explore new paths.

Wu Qiuping, Minister of Industry of Belarus, Zhao Gang, Vice Governor of Shaanxi Province, Xu Hong, Party Secretary of Weichai Group, and 100 guests from all walks of life, including the government, business community and news media, attended the signing ceremony and groundbreaking ceremony.

Yan Jianbo delivered a speech on behalf of Fast, and expressed his heartfelt gratitude to the leaders of China and Belarus for their long-term concern and support. He said that the establishment of Fastmats marks a new step in the development of globalization and internationalization. It is not only an important achievement of the “One Belt, One Road” international cooperation between China and Belarus, but also the new platform for Weichai, Fast and Maz to cooperate in a wider field, higher level and deeper level in the future. The joint venture is constantly moving towards the development goal of updating further.

Ivankovic said that the Fastmats joint venture project has further enhanced our market position in traditional products and succeeded in new markets. The close cooperation between experts from China and Belarus will help Maz vehicle sales to a new level and make the joint venture transmission products more competitive in the CIS and other countries.

As a national-level cooperation project of the heads of state of China and Belarus, Zhongbai Industrial Park is located in the Silk Road Economic Belt, an important hub connecting Europe and Asia – Minsk Region of Belarus. It is China’s largest comprehensive overseas industrial park.

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