Hapaco invests in Belarus
Hapaco Joint Stock Company will jointly with a Belarusian business open a joint venture in Belarus with an investment capital of 5 million USD.
Hapaco contributed 3 million USD to the total investment.
The joint venture will involve in trade, services, import and export. It plans to export to Belarus leather shoes, garments and seafood and import automobiles, liquor, fertilizer, and consumer goods.
The joint venture is expected to make its debut in early 2009.
VNA
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