The contract for The BELGEE Passenger Car CKD Plant Project was signed in March 2015. The project owner is CJSC "BELGEE", a Chinese- Belarusian joint-venture founded by Geely Holding Group (Geely), a Chinese car manufacturer, Open Joint Stock Company OJSC "BELAZ", a Belarusian enterprise specializing in mining machinery, as well as Closed Joint Stock Company "Soyuzau-totechnologii", a Belarusian joint venture dedicated to parts business. According to the blueprint for the project, a new production line with capacity of 60,000 passenger cars per year will be built in Borisov District of Minsk as the first phase. The project will be the first CKD production line built by Geely in the Commonwealth of Independent States (CIS) region. Upon the completion of the project, its products will be mainly exported to Customs Union Countries, including Belarus, Kazakhstan, Russian, Armenia and Kirghizia. The EPC contract value is 300 million dollars. CITIC Construction is in charge of the design, equipment and material supply, civil works, equipment erection and installation, commissioning and performance test, and training for the personnel of the project owner.