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Head of Belarusian Ministry of Transport Signed Investment Contract with Russian Company “GRAND EXPRESS”

Minister of Transport and Communication Vladimir Sosnovskiy and Russian close corporation “GRAND EXPRESS” signed an investment contract which will create jobs in Belarus and provide with world-class freight cars. As is reported by the press service of Belarusian Ministry of Transport, the agreement about organization of production and maintenance of freight rail transport as well as production of tank-containers at Osipovichi car shed owned by the Republic Unitary Enterprise “Mogilev branch of Belarusian Railway” was signed on 19th May of the current year.

Minister of Transport and Communication Vladimir Sosnovskiy and Russian close corporation “GRAND EXPRESS” signed an investment contract which will create jobs in Belarus and provide with world-class freight cars. As is reported by the press service of Belarusian Ministry of Transport, the agreement about organization of production and maintenance of freight rail transport as well as production of tank-containers at Osipovichi car shed owned by the Republic Unitary Enterprise “Mogilev branch of Belarusian Railway” was signed on 19th May of the current year.

The enterprise is planned to be equipped with state-of-the-art manufacturing machinery which will make it possible to turn out drays, boxcars, tank and hopper cars meeting the world standards. The plant will start to function at full capacity at the beginning of 2010. Both domestic and foreign markets with be supplied with the produce manufactured.

According to the press service, the new plant will satisfy the demand of Belarusian Railway for freight cars in its entirety. Besides that, a thousand of new jobs will be created which will enable to solve the problem of job placement of Belarusian rail transport engineers. The expenditures will be covered in 6-8 years.